Citi forecasts upside for the dollar in 2025 and stated $115 for the DXY is a possibility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 06 2024
0mins
Source: SeekingAlpha
Citi Research Forecast: Citi Research predicts that the U.S. dollar (DXY) may continue to rally into 2025, potentially reaching $115, although this is considered an extreme scenario and likely short-lived due to trade tensions.
Current DXY Status: The DXY currently trades at $105.77, reflecting a 4.3% increase in 2024, with investors advised to monitor dollar-based ETFs and currency pairs for potential opportunities.
Analyst Views on UDN
Wall Street analysts forecast UDN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UDN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 18.255
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
