[UBS: The recent strength of the US dollar may be difficult to sustain] Golden Finance reported that UBS Global Wealth Management said that the recent strength of the US dollar may not continue after Trump won the US presidential election. Analysts said in a report that the US dollar may weaken in the medium and long term. "The policies proposed by Trump are expected to expand the twin deficits and weaken the long-term appeal of the US dollar." They said that Trump may not be able to deliver on policies to boost the US dollar, and he may seek lower yields and weaker currencies. At the same time, they said that the market has gone too far in reducing expectations of Fed rate cuts, and the "overshoot" of US Treasury yields may decline with the US dollar. UBS expects the euro to rise to 1.12 against the US dollar from the current 1.0573 by December 2025.