BITPRISMIA
UBS maintains its Swiss franc (CHF) forecast despite external pressures from US tariffs and evolving Federal Reserve policy, highlighting the currency's safe-haven status and the interplay of global economic forces.
UBS suggests that selling USD upside presents profitable opportunities for investors, based on their analysis of Forex market dynamics, including interest rates, inflation trends, and global economic factors.
UBS forecasts the EUR/USD exchange rate to reach 1.20, driven by factors such as ECB's hawkish stance, Eurozone economic resilience, and a potential dovish pivot by the Fed, signaling a relative weakening of the US Dollar.
UBS forecasts the GBP/USD exchange rate to reach 1.40 by mid-2026, driven by economic trends and differing monetary policies between the UK and the US, offering strategic insights for investors.
UBS predicts a decline in the USDCAD currency pair to the 1.34-1.35 range by mid-2025, driven by a strengthening Canadian Dollar and potential weakening of the US Dollar.
The Chinese Yuan has surged to a 9-month high, driven by China's economic recovery and strong exports, with UBS forecasting further appreciation, impacting global trade and investment.
UBS warns of increased volatility in the Japanese Yen due to Japan's political turmoil and global economic factors, impacting forex markets and global trade.
The Reserve Bank of Australia (RBA) is expected to implement rate cuts as the Australian dollar dips below the critical 0.65 mark, which could have significant implications for the economy and monetary policy.
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.
UBS predicts a significant shift in global currency dynamics, with the Euro emerging as a formidable alternative to the US Dollar, driven by monetary policy divergence, economic growth, energy market stability, and current account improvements.