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...
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Forex
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...
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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...
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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...
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