News with the tag "Currency Forecasts"

Goldman Sachs has updated its USD/TRY forecast, predicting the Turkish Lira will depreciate to 35.00, 38.00, and 40.00 against the US Dollar over the next 3, 6, and 12 months respectively, reflecting Turkey's economic conditions and policy shifts.

UBS has revised its forecasts for the Swiss Franc (CHF) due to the Swiss National Bank's (SNB) unexpected interest rate cut and global uncertainty, signaling potential volatility in currency markets.