Our assumptions continue to point toward future U.S. dollar weakness, even after the retracement from last year’s levels
ASSUMPTIONS FOR SELECTED CURRENCY EXCHANGE RATES-NEXT 10-15 YEARS
(According to market convention, CURRENCY A/CURRENCY B means one unit of CURRENCY A is worth the stated number of units of CURRENCY B. EUR/USD = 1.30 means EUR 1.00 is worth USD 1.30)
Source: Bloomberg, J.P. Morgan Asset Management, estimates as of September 29, 2017.
*For consistency and ease of conversion, we have assumed that the forecast horizon for the per annum change in percentage terms is 12.5 years.
View other assumptionsExamine our return projections by major asset class, their building blocks and the thinking behind the numbers.
ABOUT LONG-TERM CAPITAL MARKET ASSUMPTIONS
Our Long-Term Capital Market Assumptions are part of a deeply researched proprietary process that draws on in-depth quantitative and qualitative inputs from experts across J.P.Morgan Asset Management. We, and many of our clients, rely on the output as a foundation for multi-asset class investing.