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Forecasts Goldman Sachs, JP Morgan and BoA / Merrill Lynch level EURUSD
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Loading...Forecasts Goldman Sachs, JP Morgan and BoA / Merrill Lynch level of EURUSD. After quantitative easing by the European Central Bank, investors remain cautious, and some of them changed their estimates for the level of the pair EURUSD. According to Bank of America Merrill Lynch will see a drop to $ 1.10 per euro by the end of this year, compared to the earlier forecast of $ 1.20, and by the end of 2016 values will be $ 1.05
J.P. Morgan Chase & Co. published estimates of $ 1.10 per euro by the end of 2015 year.Goldman Sachs Group also publishes a long-term forecast, in their view, the euro will be traded on par with the dollar 1: 1 to the beginning of 2017, and at its end level of the pair will be $ 0.90 per euro.
Analysts say as arguments to forecast weak economic growth in the eurozone and quantitative easing by the ECB amid expectations for an increase in US interest rates and better performing economic environment in the US.
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