Goldman Sachs is out with its latest forecasts
A few things stand out:
- The see cable at about the same levels for the next 12 months, then falling to 1.20
- They see EUR/USD at 1.15 from 1.18, but that's up from 1.05 in the prior forecast and as low as 0.95 previously
- They see USD/CAD continuing to fall
- In a departure from the theme of USD weakness, they see USD/JPY steadily climbing to 120
Here is what they had to say on Canada.
h/t @Yogi_Chan
