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.