Euro forecasted to drop by up to 10 cents

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Source: Bloomberg
According to projections made by Goldman Sachs, the Euro may experience a decline of as many as 10 US cents due to extension of the European Central Bank's easing measures. The bank forecasts that the ECB will keep the monthly volume of the QE at the current rate, namely at €60 billion, but until the end of the next year, instead of until September of 2016 as initially planned. The Euro added 0.2% to $1.302 after it slid 1.2% on Friday. 
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Mon, 21 Sep 2015 14:18:09 GMT

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