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UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings

October 1, 2024
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Monetary large UBS expects the U.S. greenback to proceed to depreciate, advising buyers to reevaluate their portfolios. The financial institution predicts a medium-term decline as a consequence of shrinking rate of interest benefits and a rising fiscal deficit. With the greenback down 5% since June, UBS recommends methods like forex hedging and diversifying into different currencies and belongings like […]



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Tags: AdvisesdeclinedollarHoldingsinvestorsReduceUBSUSDWarns
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