UBS Predicts Shekel Strength on Israel’s Recovery and Fed Easing: USD/ILS Forecast
Key Takeaways: 💶 UBS forecasts appreciation of Israeli shekel against USD 📈 Shekel expected to benefit from easing geopolitical risks 🇮🇱 Israel’s economic rebound and BoI policies to support shekel 🏦 Federal Reserve’s easing cycle to further boost shekel’s performance 💱 End-of-quarter forecasts project shekel to strengthen gradually going forward 📉 Shekel rate expected to … Read more