Mirabaud Asset Management expects the euro to be one of the main beneficiaries of future dollar weakness and has an "overweight" view on the euro-dollar pair, chief economist Gero Jung said in an interview granted to Dow Jones Newswires. Mirabaud has no price target but expects a "significant weakness in the dollar" and Gero Jung believes that the single currency could rise to $1.25, a level reached in early 2018. This is definitely an important step," he added. "A lot of people are anticipating a drop in the euro-dollar pair, [but] we believe it will rise," the economist said. "The interest rate differential does not work in favor of the United States", according to Gero Jung. Mirabaud has an "underweight" opinion on the dollar against the Swiss franc.