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UBS forecasts EUR/USD to 1 by March, but then recovering to 1.06

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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