Dollar's Recent Struggles: The US dollar has faced challenges due to geopolitical risks and concerns over the Federal Reserve's independence, particularly with Trump's return to the political scene.
HSBC's Currency Outlook: HSBC predicts that growth currencies in the G10, especially the Australian and New Zealand dollars, will lead the market, while high-quality emerging market currencies are also expected to perform well.
Potential for Dollar Recovery: There are scenarios where the dollar could rebound, such as reduced uncertainty and positive economic indicators, but HSBC does not foresee this happening in the near term.
Current Position of the Dollar: For now, HSBC believes the dollar will remain at the back of the pack in terms of performance compared to other currencies.
Wall Street analysts forecast USD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USD 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.
0 Analyst Rating
Wall Street analysts forecast USD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for USD 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.
0 Buy
0 Hold
0 Sell
Current: 56.380
Low
Averages
High
Current: 56.380
Low
Averages
High
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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.
