Euro forecasted to drop by up to 10 cents

Note: This section contains information in English only.
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. 

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.