Global FXEM Strategy_ FX Forecast Update
2025-02-18 05:16
February 14, 2025 09:09 PM GMT Global FXEM Strategy FX Forecast Update We have made adjustments to our FX forecasts following changes to our Fed call and UST outlook. We now see a more moderate decline in USD on a DXY basis and a flatter profile for EM currencies. Key Takeaways Please add me to your distribution list. 95 100 105 110 115 120 125 130 135 Dec-22 Jun-23 Dec-23 Jun-24 Dec-24 Jun-25 Dec-25 DXY Broad USD New Old Index | Exhibit 2: | ….and a flatter EM path | | --- | --- | | Total Return Index | | ...