BoA is forecasting EUR/USD back to parity early in 2023 | Forexlive

Bank of America forecasts for EUR/USD:

• EUR/USD at parity byQ1 of 2023
• to 1.10 for EUR/USD by the end of

For the yen:

• USD/JPY to 146 by Q1 2023
• to 135 by the end of 2023

BoA cite:

• for the time being the factors that have supported the USD in 2022 year remain valid, “despite the recent correction lower”
• “In our baseline, the USD remains strong early next year and starts a more sustained downward path after the Fed pauses.”