From a Goldman sachs research note:
- "We continue to expect the EUR to weaken vs the USD over the coming quarters, due to both US cyclical strength and continued QE-driven portfolio rebalancing outflows from the Euro area."
- "As the Fed continues to dismantle forward guidance, the ECB has moved in the opposite direction"
March 27 dated note
-
Earlier I had the GS view from an Elliot Wave perspective
