UBS Projects Gradual Rise of EUR/USD to 1.20 Mark Amid Dollar Softening
UBS forecasts the EUR/USD exchange rate will gradually ascend toward 1.20 over the coming months, eventually stabilizing at that level. The Swiss bank's outlook points to a weakening U.S. dollar relative to the euro, driven by a balance of economic factors across Europe and the U.S., with key risks centered on geopolitical events and Federal Reserv…