BITPRISMIA
BCA Research recommends an underweight position on the Brazilian Real due to domestic and international economic challenges, signaling potential depreciation against the USD and broader implications for emerging market currencies.
The US-EU Trade Deal has triggered significant US Dollar strength and Euro weakness, influenced by factors like higher interest rates, strong economic growth, and safe-haven demand, with implications for global currency trends and forex markets.
Bank of America forecasts a slight, gradual weakening of the US dollar against major currencies due to factors like narrowing interest rate differentials and geopolitical tensions, while acknowledging its enduring global role.
The USD/JPY outlook is heavily influenced by Japan's political landscape and Bank of Japan (BoJ) policies, with Bank of America (BofA) analyzing potential election scenarios and their impact on currency trends.
ING analysts predict a significant downside for the NZD/USD pair due to domestic challenges in New Zealand and global economic headwinds, which may weaken the New Zealand Dollar against the U.S. Dollar.
The EUR/GBP forecast suggests a potential decline due to the UK's strong service sector performance, which may lead to a more hawkish stance by the Bank of England and a stronger GBP exchange rate compared to the Eurozone.