Goldman Sachs flags risks for a higher euro on ECB disappointment

Author: Eamonn Sheridan | Category: Central Banks

I posted earlier on ANZ's wrning on the upside risk for euro:

GS signal risks along the same lines:
  • risks of a disappointing outcome high
  • package could easily disappoint in terms of its size, its timing "or even whether it happens at all"
  • "We are no longer confident that an outcome in line with our view [for a substantial easing package] will drive the euro lower against the dollar over the near term"
GS comments via FT
ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose