A client note from Goldman Sachs with revised currency forecasts.
Despite the USD move today GS is looking for a lower US dollar ahead.
12-month forecasts:
- EUR/USD 1.28 (from 1.25 previously forecast)
- AUD/USD 0.81 (0.77)
- USD/CAD 1.20 (1.25)
- USD/CNY 6.20 (6.30)
