- Analytics
- News and Tools
- Market News
- EUR/USD to target 0.95 by year-end, GBP/USD to move towards parity – BofA
EUR/USD to target 0.95 by year-end, GBP/USD to move towards parity – BofA
Economists at Bank of America Global Research make a round of G10 FX revisions into Q4. The EUR/USD and GBP/USD are now forecast at 0.95 and 1.00 by year-end, respectively.
USD to stay at multi-decade highs for the near and medium-term
“We adjust our G10 FX forecasts, led by shifting lower our EUR/USD profile with a 0.95 target for the end of the year.”
“We now look for GBP/USD to move towards parity at the end of the year.”
“Even though we do not look for a new multi-year secular trend to the upside, the dollar is likely to stay at multi-decade highs for the near and medium-term, as per our forecasts."
© 2000-2026. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
