Special Consultant to the FPA
Thanks, Vokin, absolutely not. And I could tell even more - in the late 2022 we also have suggested 0.9. And to be honest - this scenario is not cancelled yet, at least technically. We see it on the monthly chart - there is huge B&B "Sell" pattern. So, I wouldn't hurry to deny it.So… a few predictions from the banking movers from the end of 2022. When they want to buy a lot, someone has to sell a lot….
BoA is forecasting EUR/USD back to parity early in 2023:
At the same time - the mind changing by analysts not always tells that they were wrong. We're living in dynamic world, everyday economical and political situation is changing. So, it is not surprise that they also change forecasts. Besides - if you check for FED (or any central bank) forecasts of major fundamentals - you will see that they are always wrong and never was on spot.