More dollar weakness likely, despite gains - UBS
- The US dollar has been in demand this week, with the recent streak of greenback weakness running out of steam. However, UBS cautions against going long the dollar...
- The US dollar has been in demand this week, with the recent streak of greenback weakness running out of steam. However, UBS cautions against going long the dollar...
Pro-growth currencies have struggled recently, but the upcoming economic data and central bank meetings are expected to curb further gains in the USD, UBS noted while providing...
- The U.S. dollar slipped slightly Friday, falling from a six-week high ahead of a key jobs report that could determine sentiment ahead of the Federal Reserve’s next...
The pound is heading for its worst week in over a year.
Since October 2023, the Israel-Hamas conflict has pushed risk assets to the downside.
-- Most Asian currencies moved little on Wednesday, while the dollar steadied as anticipation of key U.S. inflation data, which is expected to factor into the outlook...
The Bank of England could become 'more aggressive' in its approach to interest rate if inflation continues to ease.
Evidence of U.S. economic strength is buoying the currency after it was hit by recession fears in recent months. Upbeat economic data has led traders to pare back expectations for rate cuts by the Federal Reserve. Higher rates typically support a currency by making it more attractive to yield-seeking investors.
The latest investor updates on stocks that are trending on Thursday.
Germany is facing demographic challenges with more acute structural pressures than other advanced economies. Labour-market and pension reforms are essential, but fragmented politics risk are eroding competitiveness.