April 28, 2024 – Written by Frank Davies
STORY LINK Euro to Dollar Exchange Rate Forecast Lowered to 1.05 at Goldman Sachs
Goldman Sachs has lowered its 6-month Euro to Dollar (EUR/USD) exchange rate forecast to 1.05 from 1.10 previously.
Other investment banks expect a firm dollar, but consider that a EUR/USD slide to parity is less likely due to evidence of a recovery in the Euro-Zone economy.
Although EUR/USD edged higher during the week it failed to hold above 1.07 and settled around 1.0680.
According to Goldman; “Dollar…
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