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UBS: Euro to US dollar may rebound next year
On November 21st, Jinshi Data reported that analysts at UBS Global Wealth Management stated in their 2025 outlook report that due to the possible slight improvement in the eurozone economy, the euro to dollar Exchange Rate may rebound next year. They said, "Although we expect the eurozone economy to not rise very strongly, we do expect it to be slightly stronger than in 2024." Given the current low sentiment in the European market, this situation is likely to provide support for the euro. They also stated that the yield on European government bonds is unlikely to further significantly decline from the already low levels. UBS expects the euro to dollar Exchange Rate to rise from the current 1.0522 to 1.12 by the end of 2025.