Goldman Sachs predicts broad dollar strength, euro will 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-dollar exchange rate will fall below parity within six months. "We expect the US dollar to rise by about 5% in the next year due to the implementation of new tariffs and the continued strong performance of the US," wrote Kamakshya Trivedi and other strategists in a report. The company expects the euro-dollar to trade at parity in the next three months and at a trading price of 0.97 in six months. (Jinshi)
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