UBS Predicts Further Weakening of US Dollar

UBS Predicts Further Weakening of US DollarUBS 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 […]
by Kevin Helms via Bitcoin News

Comments