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 will be a year of two halves for the big dollar:
- H1 strength
- partial or full conversion in H2
- currently the USD is in 'strong above ground'
I pointed to those two destinations that UBS mentioned… the Bank of Japan would kill for such stability!
This article was written by Eamonn Sheridan at www.forexlive.com.
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