EUR/USD forecasts for 2017

Bank of America Merrill Lynch (1.05) – They expect consolidation for the first quarter and prices around 1.05, then lowering through the second and third quarter to 1.02 and rebound to the current price levels.

Citigroup (0.99) – For the first quarter their forecasts are for slight lowering to 1.04 as during the next two periods they expect accelerated downtrend movement and hit levels below 1.00 then hold until the end of the year.

Credit Suisse Group (1.00) – Forecast a decline to 1.04 in the first three months of the year. For the second quarter fell to 1.02, retention and drop to 1.00 in the fourth quarter.

HSBC Holdings (1.10) – They predict to have a strong dollar and weak euro in the first quarter, expecting price falls to 1.01 dollars per euro, but in the second quarter predict recovery to current levels. Over the next two quarters they expect to keep pace with the increasing euro and reaching levels of 1.10.

JPMorgan Chase (1.15) – A slight decrease in the first quarter and prices around 1.04. Then expect appreciation of the euro over the next six months to a levels around 1.08. For the last quarter are the most optimistic expectations for the euro, reaching a price of 1.15 dollars per euro.

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