Investment Focus: Amid global fiscal risks and the de-dollarisation narrative, investors are increasingly looking towards Asia ex-Japan (AxJ) as a more stable investment option compared to the US and Europe.
Currency Positioning: A recent Reuters poll indicates a positive sentiment towards Asian currencies, with significant long positions in the Chinese yuan, South Korean won, Singaporean dollar, Thai baht, and Malaysian ringgit.
Market Trends: Long bets on the Chinese yuan have reached a 15-year high, while traders are reducing negative positions on the South Korean won, indicating a shift in market sentiment.
Emerging Market Dynamics: Despite geopolitical tensions typically harming emerging market currencies, the current outlook suggests that Asian currencies may benefit significantly in the coming year.
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.
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0 Sell
Current: 56.660
Low
Averages
High
Current: 56.660
Low
Averages
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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.
