Goldman Sachs were very bearish going into the ECB meeting but on Friday they revised their stance, as I reported here

Now our friends at Livesquawk are posting the latest Goldmans EURUSD forecasts and unsurprisingly less dovish than before

  • 3 month forecast 1.0700 vs 1.0200 prev
  • 6 month 1.0500 vs 1.00 prev
  • 12 month 1.00 vs 0.9500

So they still see it lower, just not as low as before

Currently 1.0816 just off session lows