J.P. Morgan FX forecasts through 2015
J.P. Morgan - FX forecasts through 2015: G10 long-term forecasts.
Dec-13 Dec-14 Dec-15
Exchange rates vs. U.S dollar
EUR 1.33 1.30 1.27
JPY 80 82 85
GBP 1.64 1.63 1.61
AUD 1.05 0.99 0.94
CAD 0.94 0.96 0.97
NZD 0.78 0.73 0.68
CHF 0.86 0.89 0.92
SEK 6.26 6.22 6.18
NOK 5.39 5.30 5.21
Exchange rates vs. Euro
JPY 106 107 108
GBP 0.81 0.80 0.79
CHF 1.15 1.16 1.17
SEK 8.34 8.10 7.86
NOK 7.18 6.89 6.62
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Comment by Alan Hill From Sarrafx Trading on September 26, 2012 at 5:43am -
Not particularly inspiring or controversial other than a big fall for Aud and NZD (which I agree with).
Surely in the case of the EURO, either the crisis will be solved (1.50) or it wont (1.10). 1.33, 1.30, 1.27 is just about as bland as it can get.
I would love to read the rationale they put out to back these numbers
Comment
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