The euro spent the latter part of the week flirting with 1.2000 but unable to break above.
Analysts at Goldman Sachs believe that it’s only a matter of time until it breaks through and runs to 1.2500. They’ve raised their three-month EUR/USD target to that level from 1.2100.
Source: Forexlive RSS Breaking news feed
Date: April 19, 2021, 00:06