Snippet from Goldman Sachs on FX forecasts.

EUR/USD:

  • 3 months out: 1.05
  • 6 months out: 1.10
  • 12 months out: 1.15

GBP/USD:

  • 3 months out: 1.19
  • 6 months out: 1.22
  • 12 months out: 1.25

USD/JPY:

  • 3 months out: 125
  • 6 months out: 125
  • 12 months out: 123
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