Goldman Sachs predicts broad dollar strength, euro will fall below parity within six months

01/13 02:34

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Goldman Sachs has raised its forecast for the US dollar against all currencies (including the euro), believing that the euro-dollar exchange rate will fall below parity within six months. "We expect the US dollar to rise by about 5% in the next year due to the implementation of new tariffs and the continued strong performance of the US," wrote Kamakshya Trivedi and other strategists in a report. The company expects the euro-dollar to trade at parity in the next three months and at a trading price of 0.97 in six months. (Jinshi)

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