-
The Euro’s Going Down. If It Doesn’t Go Up.
The euro will be at $0.80 by the end of 2017, losing a quarter of its value from current levels and setting new lows, say Goldman Sachs GS +1.81% analysts. No it won’t. The euro will appreciate around 15% to $1.20 over the same period, say HSBC 'sHSBC +2.54% economists. These forecasts may be at opposite extremes of the current consensus, which is broadly for more euro weakness from $1.06 where it trades now. But they’re both built on solid arguments. Which to believe depends on what your outlook is for how the global economy shapes up. The Goldman Sachs view is based on expectations that U.S. monetary policy ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 21, 2015 1:19am Mar 21, 2015 1:19am
- Ranmalpg
- | Joined Apr 2014 | Status: Member | 118 Comments
- Comment #2
- Quote
- Mar 21, 2015 2:16am Mar 21, 2015 2:16am
- mdrive
- | Joined Aug 2010 | Status: Intraday Swing Trader | 45 Comments
- Comment #3
- Quote
- Mar 21, 2015 3:35am Mar 21, 2015 3:35am
- Scotch
- | Joined Oct 2011 | Status: Member | 102 Comments
- Comment #4
- Quote
- Mar 21, 2015 5:16am Mar 21, 2015 5:16am
- iwillwait
- | Joined Nov 2014 | Status: Member | 16 Comments
- Comment #5
- Quote
- Mar 21, 2015 5:34am Mar 21, 2015 5:34am
- Heuristics
- | Joined Mar 2015 | Status: Member | 42 Comments
- Comment #6
- Quote
- Mar 21, 2015 5:39am Mar 21, 2015 5:39am
- Kingofkings
- | Membership Revoked | Joined Feb 2015 | 86 Comments
All Praise The King of kings and Lord of lords Cuong V Truong
- Comment #7
- Quote
- Mar 21, 2015 2:53pm Mar 21, 2015 2:53pm
- Dr.Zain
- Joined Sep 2008 | Status: Member | 1472 Comments