What's takeaway 1 on UBS kept its EUR/USD forecasts at 1.23 for end?

UBS sees EUR/USD at 1.23 by end-2025 and 1.18 for end-2026.

What's takeaway 2 on UBS kept its EUR/USD forecasts at 1.23 for end?

Current spot is 1.1500, with a consensus range for March 2026 between 1.1700 and 1.2000.

What are the market implications for UBS kept its EUR/USD forecasts at 1.23 for end?

If UBS's predictions materialize, we could witness a slow adjustment in EUR/USD as the market reacts to unfolding economic data and Fed policy moves. This could intensify volatility in currency pairs as traders recalibrate expectations based on incoming macroeconomic indicators, particularly regarding US economic health and growth prospects.

UBS kept its EUR/USD forecasts at 1.23 for end-2025 and 1.18 for 2026, citing Fed cuts - investingLive

Firm	Stance	YE 2027	vs Cons.
Goldman Sachs	Bearish	1.1200	-4.7%
UOB	Neutral	1.1450	-2.6%
Citi	Bearish	1.1000	-6.4%

GOOGLE NEWS · EUR/USD2025-09-23

UBS kept its EUR/USD forecasts at 1.23 for end-2025 and 1.18 for 2026, citing Fed cuts - investingLive

UBS's decision to maintain its EUR/USD forecasts at 1.23 for end-2025 and 1.18 for 2026 places them in a bullish stance on the euro, largely driven by anticipated Federal Reserve rate cuts. This perspective aligns with a broader sentiment among certain firms, many of which project gradual appreciation of the euro against the dollar in the coming years. However, UBS's projections are notably higher than what the consensus suggests, indicating a potential divergence in views on the euro's strength.

GOOGLE NEWS · EUR/USD2025-09-22

UBS maintains EUR/USD forecast at 1.23 for end-2025 amid Fed rate cut expectations - Investing.com Canada

The desk maintains a bullish outlook on the EUR/USD, aligning with UBS's forecast of 1.23 by the end of 2025, driven by anticipated Federal Reserve rate cuts. Per the full note [source], the expectation of a dovish pivot from the Fed is a key factor supporting this view. The desk highlights that a weaker dollar, stemming from these rate cuts, could bolster the euro's value against the USD. With no high-impact events on the calendar in the coming month, the focus remains on macroeconomic indicators and central bank communications that could influence market sentiment.

GOOGLE NEWS · EUR/USD2025-11-25

UBS Euro To Dollar Forecast: EUR/USD At 1.20 By End-2026, Early 2027 - Exchange Rates Org UK

UBS's recent projection for EUR/USD to reach 1.20 by the end of 2026 or early 2027 builds a case that aligns with a somewhat optimistic outlook for the Euro against the Dollar. This perspective is contrasted by a consensus among major banks forecasting more gradual appreciation, suggesting differing views on the pace of economic recovery and monetary policy adjustments in the Eurozone versus the US.

GOOGLE NEWS · EUR/USD2026-01-20

EUR/USD Forecast: UBS Predicts Powerful Surge to 1.20 As Dollar Weakens in 2025 - Binance

UBS's forecast of EUR/USD reaching 1.20 in 2025 suggests a significant depreciation of the US dollar amidst a strengthening Eurozone economy. This view aligns with existing predictions from various banks, indicating a consensus that the euro will likely appreciate against the dollar over the next couple of years.

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UBS kept its EUR/USD forecasts at 1.23 for end-2025 and 1.18 for 2026, citing Fed cuts - investingLive

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UBS kept its EUR/USD forecasts at 1.23 for end-2025 and 1.18 for 2026, citing Fed cuts - investingLive

UBS maintains EUR/USD forecast at 1.23 for end-2025 amid Fed rate cut expectations - Investing.com Canada

UBS Euro To Dollar Forecast: EUR/USD At 1.20 By End-2026, Early 2027 - Exchange Rates Org UK

EUR/USD Forecast: UBS Predicts Powerful Surge to 1.20 As Dollar Weakens in 2025 - Binance

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