SG Talk

Full Version: USD to remain under pressure, how to manage this decline? – UBS
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We have the AUD as our most preferred currency, which we expect to benefit from China's recovery.

We also see upside for the JPY and the CHF, as both countries benefit from low inflation. We also favor a select basket of emerging market currencies for carry.”

“Investors can add Gold to portfolios. The Gold price measured in USD tends to rise when the Dollar falls on a trade-weighted basis and when US interest rates are declining.”

https://www.fxstreet.com/news/usd-to-rem...2304041321