Goldman Sachs has changed its forecast for the pound to dollar exchange rate. The rate will rise to 1.32, 1.35 and 1.39 over the next three, six and 12 months respectively.
This is higher than previous forecasts of 1.29, 1.28 and 1.24, respectively.
“We are fundamentally changing our dollar outlook for the coming year: we now believe the dollar's weakness in the first quarter will Persist and Intensify,” Says kamakshya trivedi, head of global fX, interest rates and emerging markets strategies at Goldman Sachs.
«Ранее мы говорили о риске изменения перспектив относительного роста, которое может привести к «исключительному» положению, лежащему в основе высокой стоимости доллара. В свете недавних событий мы теперь считаем это базовым сценарием», — добавляют Триведи и его коллеги в пятничном исследовательском брифинге.
*Goldman Sachs Group-bank in the USA and one of the largest investment banks in the world, which is a financial conglomerate. Known among financiers as “The Firm”.
Tags:pound to dollar exchange rate forecast. pound to dollar forecast