UBS predicts further depreciation of the U.S. dollar due to narrowing interest rate differentials, ongoing U.S. fiscal deficit concerns, and a shift in global central bank strategies. Despite a brief rally, UBS has downgraded the U.S. dollar to its Least Preferred status, while upgrading the euro, British pound, and Australian dollar. UBS Forecasts Continued Weakening […]Economics, currency exchange rates, euro vs dollar, Federal Reserve rate cut, interest rate differentials, pound vs dollar, UBS forecast, US dollar depreciation, US fiscal deficitRead More
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