Bank of America forecasts euro to hit $1.25, says U.S. dollar risks undervaluation
Bank of America forecasts the euro will strengthen to 1.20/1.25 next year says the U.S. dollar risks slipping from slight overvaluation into undervaluation. Analysts noted the dollar has been overvalued for much of the past decade, though 2025 so far has brought it closer to fair value thanks to German fiscal stimulus, ongoing trade tensions, … Read more