UBS sees EUR/USD recovering as markets turn too pessimistic on Europe
UBS expects the euro to recover to $1.16 by the end of 2026, saying its slide against the dollar from $1.17 to nearly $1.11 has gone further than Europe’s economy justifies. Strategists at UBS’s Chief Investment Office said markets have become “excessively pessimistic” on Europe. The euro stood at $1.12 on that date, according to ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
