Zechman Capital

Insights

Goldman Sachs Group Inc. sees its long- standing call for the dollar to reach parity with the euro coming true as soon as December as the Federal Reserve and European Central Bank move toward divergent monetary-policy actions. The U.S. central bank emphasized on Wednesday it'll consider raising interest rates on Dec. 16, a week after the ECB hinted additional stimulus may arrive as soon as the Dec. 3 policy meeting. Goldman Sachs's three-month dollar projection is $1.02 per euro, the most bullish when compared with year-end currency forecasts compiled by Bloomberg.