They’ve followed the lead of Barclays who did the same earlier this week. They feel that the easy monetary policy around the globe is the main factor in play.

  • AUD/USD revised up to 1.06 for end of year from 1.00 previously:
  • NZD/USD revised up to .83 from .78:
  • USD/CAD revised down to .98 from 1.00.