Byron Wein 2016 forecast surprise – EUR/USD at 1.20

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The famous US investor Byron Wein is out with his annual 10 market surprises forecast.

Here are his forex related forecasts:

“4. The weak American economy and the soft equity market cause overseas investors to reduce their holdings of American stocks.  An uncertain policy agenda as a result of a heated presidential campaign further confuses the outlook.  The dollar declines to 1.20 against the euro.”

“12. Japan pulls out of its 2015 second half recession as Abenomics starts working.  The economy grows 1%, but the yen weakens further to 130 to the dollar.  The Nikkei rallies to 22,000.”

Read his full 2016 predictions on Blackstone website

Some of Byron Wein 2015 forecasts did happen..

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