GOOGLE NEWS · EUR/USDg10 fx
UBS maintains EUR/USD forecast at 1.23 for end-2025 amid Fed rate cut expectations - Investing.com Canada
At a Glance
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.