UBS Global Wealth Management forecasts for the euro against the US dollar:

  • 1.00 by March 2025
  • 1.02 in June
  • 1.06 in December

Says it'll be a year of two halves for the big dollar:

  • H1 strength
  • partial or full reversal in H2
  • currently the USD is in 'strongly over valued territory
eurusd ubs forecast 15 January 2025 2

I marked off those two extremes UBS mention ... the Bank of Japan would kill for such stability!