Goldman Sachs predicts a comprehensive strengthening of the US dollar, and expects the Euro to fall below parity within six months
Goldman Sachs has raised its forecast for the US dollar against all currencies (including the euro), believing that the euro to US dollar exchange rate will fall below parity within six months. "We expect, due to new tariffs and continued outstanding performance in the United States, that the dollar will rise about 5% over the next year," strategists including Kamakshya Trivedi wrote in a report. The company expects that the euro to US dollar will trade at parity within three months, with a trading price of 0.97 within six months.
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