More strong USD forecasts - projections for CAD, GDP

Author: Eamonn Sheridan | Category: News

I posted earlier on BoA on EUR/USD 

Check that post out for the bank's reasoning on why the expect further US dollar strength.

Below are BoA projections for other currencies:

               Q2          Q3
GBP/USD  1.16        also 1.16
USD/CAD  1.50        1.55

On the other hand, they are looking for the USD to weaken against yen:
USD/JPY    105        102 


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