Raising Interest Rates in Japan Could Help Halt Yen Depreciation, Analysis Shows on Nostr: US Dollar weakens as inflation slows, UBS advises selling USD for yield pickup ...
US Dollar weakens as inflation slows, UBS advises selling USD for yield pickup
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#39bf1ea9 ver:1.74
The US Dollar weakens as inflation slows, prompting UBS to advise selling USD for yield pickup. UBS sees opportunities in other G10 currencies like the Swiss Franc, Australian Dollar, and Japanese Yen. With the door open for the Federal Reserve to cut interest rates, UBS expects the US Dollar to trend lower. They also anticipate further drops for USD/JPY as US data indicates a soft landing for the US economy. #USD #inflation #yieldpickup #FX...
#newstr #UsDollar #Inflation #FederalReserve #InterestRates #YieldPickup #SwissFranc #AustralianDollar #JapaneseYen
https://here.news/story/39bf1ea9?ver=1.74
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#39bf1ea9 ver:1.74
The US Dollar weakens as inflation slows, prompting UBS to advise selling USD for yield pickup. UBS sees opportunities in other G10 currencies like the Swiss Franc, Australian Dollar, and Japanese Yen. With the door open for the Federal Reserve to cut interest rates, UBS expects the US Dollar to trend lower. They also anticipate further drops for USD/JPY as US data indicates a soft landing for the US economy. #USD #inflation #yieldpickup #FX...
#newstr #UsDollar #Inflation #FederalReserve #InterestRates #YieldPickup #SwissFranc #AustralianDollar #JapaneseYen
https://here.news/story/39bf1ea9?ver=1.74