Morgan Stanley forecasts EUR/USD to reach 1.23 by spring before falling
NeutralFinancial Markets

- Morgan Stanley has projected that the EUR/USD exchange rate will reach 1.23 by spring 2026 before experiencing a decline. This forecast reflects the bank's analysis of current market conditions and economic indicators affecting the euro and dollar dynamics.
- This development is significant for investors and traders as it provides insights into potential currency movements, influencing trading strategies and investment decisions in the foreign exchange market. A rise to 1.23 could attract more trading activity around the euro.
- The forecast comes amid broader discussions about currency stability, with UBS recently lowering its own EUR/USD forecast to 1.20 due to political risks in Europe. Additionally, the Bank of Japan's potential interest rate hikes and the fluctuating dollar against the yen highlight the interconnectedness of global currency markets and the impact of geopolitical factors on exchange rates.
— via World Pulse Now AI Editorial System



