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

UBS World Wealth Administration forecasts for the euro in opposition to the US greenback:

• 1.00 by March 2025
• 1.02 in June
• 1.06 in December

Says it will be a 12 months of two halves for the large greenback:

• H1 power
• partial or full reversal in H2
• at present the USD is in ‘strongly over valued territory

I marked off these two extremes UBS point out … the Financial institution of Japan would kill for such stability!

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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