The euro confirms its status as a "rescue island" (2)

Eurozone interest rates are still close to their record low, and the euro has to break the psychological limit of $1.20.
However, the general attitudes of the market are that the ECB will hardly be able to find justification in order to continue to maintain its incentives for the economy.
At the end of last week, Mario Draghi said wages should start rising, which would help inflation to move to the target of 2%.
For the last week, the euro rose by more than 1% to $1.1795. Bloomberg analysts' expectations are for levels of 1.22 dollars per euro next year and 1.25 dollars in 2019.
Analysts at Goldman Sachs Group Inc. predicted that the euro would rise to 1.20 over the next 12 months.