Xin Lang Cai Jing·2025-12-05 04:10Core Viewpoint - Société Générale indicates that the medium-term economic growth outlook for the U.S. remains unaffected, predicting a return of the dollar by 2026 [1] Group 1: Economic Forecasts - The bank expects a slowdown in U.S. economic growth in Q4 2025, which may pressure the dollar in the coming weeks and early 2026 [1] - By Q1 2026, the EUR/USD exchange rate is projected to reach 1.20, but is expected to decline to 1.14 by the end of 2026 [1] Group 2: Currency Performance - The Canadian dollar is anticipated to be the worst-performing currency among G10 currencies next year due to U.S. tariff policies [1] - In 2026, many emerging market currencies are expected to experience a deterioration in spot exchange rate performance amid a strengthening dollar [1]