From Goldman Sachs’ weekly “Kickstart”:

  • Expect a continuing strengthening US dollar
  • We expect the downward gravitational pull on the EURUSD will persist for the next several years until it trades at parity versus the dollar by year-end 2017. From a spot of 1.29, our economists forecast the euro will depreciate by 7% vs. the dollar during the next year (to 1.20) and fall by 22% to parity by 2017
Goldman Sachs expects the EURUSD to fall to parity 22 September 2014