UBS raises USD/SGD forecasts to 1.28 through 2026 on revised USD outlook

UBS has stated that there will be no 'Germany Moment' for Ottawa, indicating that the Canadian dollar, or Loonie, will continue to be influenced by the Federal Reserve's monetary policy. This assertion comes amid ongoing discussions about the Fed's approach to interest rates and economic conditions.

UBS has strengthened its outlook for the Mexican peso, attributing this positive shift to the Federal Reserve's easing monetary policy. The bank's analysis suggests that the peso is likely to benefit from favorable economic conditions and investor sentiment, enhancing its position in the currency markets.

UBS has raised its EUR/CHF forecast for 2026, driven by an optimistic outlook on European economic growth. This adjustment reflects the bank's confidence in the recovery and expansion of the European market, which is expected to influence currency dynamics positively.

UBS has maintained its forecast for the EUR/SEK exchange rate while raising its targets for the EUR/NOK for the year 2026. This decision reflects UBS's analysis of current market conditions and economic indicators, indicating a strategic approach to currency forecasting.

UBS has reported a positive outlook, indicating that fiscal risks are diminishing and the British pound is expected to strengthen through 2026. This assessment reflects UBS's analysis of current economic conditions and market trends, suggesting a more stable financial environment ahead.

UBS has raised its forecast for the Polish zloty as the currency shows signs of stabilization against the euro. This positive adjustment reflects UBS's confidence in the zloty's performance amid current market conditions.

UBS has revised its EUR/USD forecast for 2026, lowering it to 1.20 due to increasing political risks. This adjustment reflects UBS's assessment of the current geopolitical landscape and its potential impact on currency markets. The forecast change indicates a cautious outlook amid uncertainties that could affect the euro's performance against the dollar.

U.S. natural gas prices have surged due to forecasts of a colder winter, prompting UBS to maintain a bullish outlook on the market. The increase in prices reflects heightened demand expectations as colder temperatures are anticipated to drive consumption. UBS's positive sentiment indicates confidence in the natural gas sector's resilience amid fluctuating market conditions.