Data from Bloomberg's currency forecast data shows that firms are revising upwards their forecast on the euro
At the start of the year, only two firms predicted that EUR/USD would hit 1.28 by Q4 2018. Now, that number has risen to 18 firms.
With EUR/USD at current levels (close to 1.2400), it has likely already exceeded most expectations of most firms - since the forecast data showed that the median forecast for Q4 2018 at the start of this year was 1.2200.
Compare that to now, the median forecast is 1.2500. Here are how some of the big boys see the EUR/USD going (do note that some of the forecasts may not have been updated since last year):
