Dynex Capital IncDX
Mentioned
UBS has raised its forecasts for the U.S. dollar against several major currencies, expecting the greenback to dominate global foreign exchange markets through the second half of 2026. The bank lowered its end-2026 EUR/USD forecast to 1.12 from 1.14 and projects the Japanese yen to slide to 165 per dollar by both the end of the third quarter and year-end. UBS also cut its end-2026 AUD/USD target to 0.68 from 0.74, citing softer Australian economic data and diminishing support from interest-rate differentials. The firm maintained a constructive view on sterling, forecasting EUR/GBP to strengthen toward 0.85 by year-end, while turning more cautious on the Swiss franc in the near term due to the Swiss National Bank's dovish stance.
Dynex Capital Inc
UBS Group AG