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...
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...
Safe-haven yen gains, Aussie wobbles as edgy markets face US jobs test
By Kevin Buckland TOKYO (Reuters) -The safe-haven Japanese yen rallied on Wednesday while riskier currencies like the Australian dollar and...
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...
