Forex
globalreutersJanuary 15, 20251 Mins read
UBS forecasts EUR/USD to 1 by March, but then recovering to 1.06
globalreutersJanuary 15, 20251 Mins read UBS Global Wealth Management forecasts for the euro against the US dollar:
- 1.00 by March 2025
- 1.02 in June
- 1.06 in December
Says it’ll be a year of two halves for the big dollar:
- H1 strength
- partial or full reversal in H2
- currently the USD is in ‘strongly over valued territory
I marked off those two extremes UBS mention … the Bank of Japan would kill for such stability!
This article was written by Eamonn Sheridan at www.forexlive.com.
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