Use caution over potential US dollar weakness - UBS
- The US dollar received a boost last week, but UBS has advised caution for those looking for a quick reversal of recent strength, only seeing very selective...
- The US dollar received a boost last week, but UBS has advised caution for those looking for a quick reversal of recent strength, only seeing very selective...
- The U.S. dollar edged higher Wednesday ahead of an opportunity to assess the interest rate outlook for the United States, while the euro retreated. At 04:10 ET...
(Bloomberg) -- Billionaire investor Ray Dalio said he doesn’t anticipate the Federal Reserve making “significant cuts in rates,” and that bonds are a risky investment given recent fluctuations in Treasury markets.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsSingapore Ends 181 Years of Horse Racing to Make Way for HomesChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilShould
A new report from the United Nations has sounded the alarm over the sophistication of cryptocurrency-related crimes across Southeast Asia.
With Bitcoin (BTC) consolidating below its 2021 high of $69,000, veteran cryptocurrency analyst Bob Loukas believes the leading digital asset is on the verge of its most explosive stage yet.
The pound loses ground as the dollar regains strength.
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Citi expressed a perspective that anticipates a further weakening of the US dollar in the near term, despite maintaining a bullish stance on the currency for the next one to two...
According to Odaily, Citigroup analysts have indicated that despite recent labor market data potentially causing some market participants to reconsider their expectations for Federal Reserve rate cuts, it is unlikely that the Fed will skip a rate cut during its November meeting. Last Friday's non-farm payrolls saw a significant increase of 254,000, surpassing economists' expectations of 140,000. However, analysts noted, 'We suspect that the strong employment report released last Friday may not be sustainable.' Citigroup highlighted, 'A series of weak labor market data previously led the market to expect the Federal Reserve to cut rates by at least 25 basis points at each meeting, and possibly take more substantial measures with a 50 basis point cut.'
(Bloomberg) -- Crypto exchange FTX’s creditors are set to receive more than $12 billion in coming months in a court-approved payout plan, raising the prospect that some of the cash could be plowed back into digital assets.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsSingapore Ends 181 Years of Horse Racing to Make Way for HomesChicago’s $1 Billion Budget Hole Exacerbated by School Turm