UBS cuts US dollar targets; recommends fading any strength
Investing.com – UBS has downgraded its long-term US dollar targets, looking to fade the currency’s rebound early in September. At…
Payrolls set to be high-risk event for dollar – Citi
Investing.com – All eyes in the foreign exchange markets are firmly focused on Friday’s US jobs report, with Citi stating…
Reports of dollar’s demise are greatly exaggerated, JPMorgan says
By Marc Jones LONDON (Reuters) – Suggestions that the dollar’s dominance of the global financial system is ending are wide…
Indian central bank likely selling dollars to prevent rupee from dipping past 84, traders say
MUMBAI (Reuters) – The Reserve Bank of India was likely selling U.S. dollars on Thursday to prevent the rupee from…
Dollar slips lower, struggling to stop losses ahead of payrolls
Investing.com – The U.S. dollar slipped Thursday, struggling to find a foothold after weak economic data raised expectations of an…
Major Russian lenders say yuan coffers empty, urge central bank action
By Elena Fabrichnaya MOSCOW (Reuters) – Major Russian banks have called on the central bank to take action to counter…
Bank of America sees more downside for the dollar
Investing,com – The US dollar has stabilized after a sharp fall in August, but Bank of America Securities sees more…
Dollar’s demise appears overstated – JPMorgan
Investing.com – The US dollar has had a difficult summer, dropping substantially during the month of August, but JPMorgan thinks…
Swiss Franc’s strength may prompt SNB to ease monetary policy
Swiss National Bank (SNB) might engage in a prolonged monetary easing cycle due to the unexpected slowdown in Switzerland’s inflation…
Factbox-Michel Barnier’s first challenges as France’s new PM
PARIS (Reuters) – French conservative Michel Barnier, named prime minister by President Emmanuel Macron on Thursday, faces an overflowing in-tray…