Bear Bearing at the dollar: Goldman Sachs and UBS see growth potential for the Euro and the Australian dollar

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While global economic trends continue to develop, leading financial institutions, such as goldman sachs And UBS, are Reviewing their positions in the main currency pairs. Both banks agree that the uS dollar May encounter pressure, giving a bearish look at the dollar.

Goldman Sachs: Euro on the way to strengthening the background of weakening the dollar

Goldman Sachs retains its “bear” position on the US dollar, predicting that the euro has every chance to benefit from a decrease in confidence in American currency. Bank analysts indicate a number of factors that can contribute to this trend.

Firstly,inflational expectations in the United States were higher than previously expected. This can force the federal reserve system (Fed) to adhere to a softer monetary policy, which, in turn, can exert lower pressure on the dollar. Secondly,the USBR data on the USA market demonstrate obvious signs of a deterioration in the situation. An increase in unemployment and a slowdown in employment can signal the slowdown in the American economy, which is also a negative factor for the dollar.

Against the background of these fears, Goldman Sachs setseUR/USD pair forecast for 12 months at 1.25. This means that the bank expects a significant strengthening of the euro in relation to the dollar over the next year. Investors focused on long -term prospects should pay attention to this currency pair.

UBS: Australian dollar is ready to increase on a wave of rejection of the dollar

In turn, UBS also sees the potential for the growth of the Australian dollar, believing that he can benefit from a large -scale refusal of the US dollar. Bank strategists consider a pair of AUD/USD attractive for long -term investments at current levels.

According to UBS,the current levels of the Aud/USD pair are attractive to open long positions. This means that the bank expects the Australian dollar to strengthen in relation to the American. The target indicator c0.70 for the AUD/USD pair is installed for the first quarter of 2026. This forecast emphasizes UBS confidence in the long -term potential of the Australian currency.

What does this mean for investors?

The coincidence of the opinions of leading financial institutions, such as Goldman Sachs and UBS, indicate a potential change in the global currency landscape. Investors considering the diversification of their portfolios should pay attention to the following points:

  • Euro (EUR):Goldman Sachs forecast at 1.25 in EUR/USD implies the possibility of significant growth for the euro. This may be due to the expected weakening of the dollar and the potential improvement in the economic prospects of the Eurozone.
  • Australian dollar (AUD):The attractiveness of AUD/USD for long -term investments, according to UBS, indicates that the Australian currency can become a beneficiary of the dollar. This can be due to strong raw material markets and the stability of the Australian economy.

It is important to remember that foreign exchange markets are prone to high volatility, and any forecasts are probabilistic.However, given the authority of Goldman Sachs and UBS, their “bearish” look at the dollar and positive forecasts for the Euro and the Australian dollar deserve close attention from investors who are striving to diversify and search for new growth opportunities.

Additional factors affecting the forecast:

In addition to the reasons indicated by banks, other factors may affect the prospects of the dollar and, accordingly, other factors may affect the prospects of the Euro and the Australian dollar:

  • Geopolitical situation:Any significant geopolitical events or the escalation of conflicts can lead to an increase in demand for the dollar as a “currency”, which can temporarily break the “bear” trend. However, in the long run, instability can also undermine the trust in the dollar.
  • Monetary policy of other central banks: Действия Европейского центрального банка (ЕЦБ) и Резервного банка Австралии (RBA) будут иметь решающее значение. Если ЕЦБ начнет более агрессивно повышать процентные ставки или RBA продемонстрирует более сильную приверженность ужесточению политики, это может дополнительно поддержать евро и австралийский доллар.
  • Prices for raw materials:The Australian dollar is closely related to the prices of raw materials, especially for iron ore and coal. The increase in prices for these goods may be additional support for AUD.
  • Economic data from eurozone and Australia:Improving economic indicators in these regions, such as gDP Growth, consumer confidence and production activity, will help strengthen their currencies.

Conclusion:

Совпадающие «медвежьи» настроения Goldman Sachs и UBS в отношении доллара США, а также их позитивные прогнозы для евро и австралийского доллара, создают благоприятный фон для этих валют. Инвесторам, ищущим возможности для диверсификации и потенциального роста, стоит внимательно следить за развитием ситуации на валютных рынках и учитывать эти аналитические оценки при принятии инвестиционных решений. Однако, как всегда, важно проводить собственный анализ и учитывать все сопутствующие риски.

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