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Forex: Goldman Sachs revises euro-dollar target downwards

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Goldman Sachs analysts revised the euro-dollar outlook downward, citing the Fed’s less dovish monetary policy as the motivation.

The three-month target moves to $ 1.20, compared to the previous $ 1.25; the six-month one was cut from $ 1.27 to $ 1.23; 12 months from $ 1.28 to $ 1.25. Currently, the euro-dollar ratio stands just above $ 1.19.

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