A Golden Finance report states that UBS Global Wealth Management believes that the recent strength of the US dollar may not continue after Trump won the US presidential election. In a report, analysts said that the US dollar may weaken in the medium to long term. 'Trump's proposed policies are expected to expand the double deficit and weaken the long-term attractiveness of the US dollar,' they said, adding that Trump may not be able to fulfill policies that boost the US dollar and may seek lower yields and weaker currency. At the same time, they said that the market has gone too far in terms of expectations of Gota US interest rate cuts, and the 'over-adjustment' of US Treasury yields may follow the decline of the US dollar. UBS expects the euro to rise from the current 1.0573 to 1.12 against the US dollar by December 2025.
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UBS: A recent strong dollar may be difficult to sustain
A Golden Finance report states that UBS Global Wealth Management believes that the recent strength of the US dollar may not continue after Trump won the US presidential election. In a report, analysts said that the US dollar may weaken in the medium to long term. 'Trump's proposed policies are expected to expand the double deficit and weaken the long-term attractiveness of the US dollar,' they said, adding that Trump may not be able to fulfill policies that boost the US dollar and may seek lower yields and weaker currency. At the same time, they said that the market has gone too far in terms of expectations of Gota US interest rate cuts, and the 'over-adjustment' of US Treasury yields may follow the decline of the US dollar. UBS expects the euro to rise from the current 1.0573 to 1.12 against the US dollar by December 2025.