Goldman Sachs raised EUR/CHF targets

I posted over the weekend on GS on the JPY:

• Goldman Sachs has raised its forecast for USD/JPY to 155 (from 145) (3 month horizon)

As part of the note GS also raised its EUR/CHF forecasts:

• 0.97 in a three months horizon
• 0.98 in 6 months
• 0.99 in 12 months

GS previously had a flat 0.95 forecast for euro-swiss

EUR/CHF chart update after the SNB’s surprise last week:

This article was written by Eamonn Sheridan at www.forexlive.com. Source