Goldman Sachs lowers EUR/USD forecasts

FXStreet (Mumbai) - Analysts at the investment bank Goldman Sachs have lowered their EUR/USD 3-month and 6-month forecasts, while keeping their 12-month forecast unchanged.

The investment bank now sees EUR/USD at 1.12 in 3 months from the previous forecast of 1.14. The six-month target has been revised lower to 1.10 from the previous forecast of 1.11. Meanwhile, the 12-month target has been kept unchanged at 1.08.