UBS Urges Caution as Dollar’s Slide Meets Political Headwinds and Mixed Economics
The U.S. dollar has weakened markedly year-to-date amid a string of political and geopolitical developments, but UBS cautions investors against assuming the decline will continue unchecked. While the Dollar Index has fallen roughly 1.5% this year and EUR/USD has climbed about 1.4%, UBS highlights that stronger U.S. labor data and rising growth expe…