Scotia Bank – FX Forecasts for 2016 & 2017

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Scotia Bank (third largest bank in Canada) just published their currency forecasts for 2016 and 2017.

While they predict the EUR/USD to fall in 2016 to 0.95 they do see it rising in 2017 to 1.12.
They forecast USDJPY rate at 131.00 at the end of 2016 and USDJPY 137.00 rate at 2017.
They also forecast a comeback to the GBP in 2017 with GBPUSD at 1.44 at the end 2016 and climbing to 1.60 GBP/USD at the end of 2017.
FX Forecasts from Scotia Bank

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