BOFA Ups Dollar View
Bank of America expects a stronger US dollar in the second half of 2026 due to resilient US economic data and a hawkish Federal Reserve
BOFA TURNS MORE BULLISH ON THE DOLLAR Bank of America cut its euro forecasts and now expects a stronger U.S. dollar in the second half of 2026, citing resilient U.S. economic data and a hawkish Federal Reserve.
The bank sees EUR/USD ending Q3 at 1.12 and 2026 at 1.15, while warning that further Fed tightening could keep pressure on the euro.