UBS shifts to bearish US dollar view, sees potential GBP strength
UBS advised investors to sell any potential short-term gains in the US dollar, adopting a more bearish stance on the…
Asia FX muted, dollar advances with inflation, Fed on tap
Investing.com– Most Asian currencies moved little on Tuesday, while the dollar crept higher in anticipation of key inflation data that…
Citi forecasts further US dollar decline amid global slowdown
Citi expressed a perspective that anticipates a further weakening of the US dollar in the near term, despite maintaining a…
The US dollar is down but not out: BCA
Investing.com — Despite recent weakness, analysts at BCA Research in a note dated Monday assert that the US dollar remains…
India central bank likely intervening to prevent rupee from slipping to record low, traders say
MUMBAI (Reuters) – India’s central bank was selling dollars at the 83.97 level on Wednesday to keep the rupee from…
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…
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…
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…
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…
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…