BoA on EUR/USD - forecasting 1.12 - ConsultFX

BoA on EUR/USD - forecasting 1.12

Bank of America Merrill Lynch strategists in client note EUR/USD forecasts: - 1.12 in Q3 - 1.14 in Q4 (previously at 1.20) Citing: - trade tensions have obscured "relatively solid U.S. macro outlook" for both the near-term and medium-term Looking for a moderate reversal in USD strength in 2019