{"id":44628,"date":"2021-04-20T00:10:43","date_gmt":"2021-04-19T20:10:43","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=44628"},"modified":"2021-04-20T00:10:46","modified_gmt":"2021-04-19T20:10:46","slug":"expectations-by-goldman-sachs-supporting-the-euro","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/expectations-by-goldman-sachs-supporting-the-euro\/04\/20\/market-updates\/","title":{"rendered":"Expectations by Goldman Sachs Supporting the Euro"},"content":{"rendered":"\n<p>Goldman Sachs is expecting the Euro (EUR) to continue to rise against the U.S. Dollar (USD), advising investors to go long on the European currency, according to a recent note.<\/p>\n\n\n\n<p>Following the report, the EUR\/USD pair reached its highest level in about six weeks on Monday.<\/p>\n\n\n\n<p>The investment bank is expecting more gains for the Euro over the coming months.<\/p>\n\n\n\n<p>Goldman Sachs has revised upwards its expectations for the EUR\/USD pair over the next three months to 1.25 from a previous 1.21 target.<\/p>\n\n\n\n<p>Meanwhile, the 12-month target was maintained to 1.28.<\/p>\n\n\n\n<p>Recently, researchers at Goldman Sachs expected the STOXX Europe 600 index to rise by about 10% over the coming 12 months, compared with a 6% expected increase for Wall Street\u2019s S&amp;P 500 index.<\/p>\n\n\n\n<p>The EUR\/USD is up by 0.44% at 1.2036, after gaining about 0.71% last week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goldman Sachs is expecting the Euro (EUR) to continue to rise against the U.S. Dollar (USD), advising investors to go long on the European currency, according to a recent note. Following the report, the EUR\/USD pair reached its highest level in about six weeks on Monday. The investment bank is expecting more gains for the &hellip;<\/p>\n","protected":false},"author":10,"featured_media":44251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6884,6928],"class_list":["post-44628","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-eur-usd","tag-euro"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=44628"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44628\/revisions"}],"predecessor-version":[{"id":44629,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/44628\/revisions\/44629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=44628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=44628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=44628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}