UBS: US Dollar Strong, For Now, The Scope Of Volatility Still Persists
UBS, a leading financial service provider, recently shared a new Analysis on the US Dollar. The firm was quick to note the recent dollar rallies, adding more power to the currency, but has also predicted a mild scope of volatility that may cause disruptions in the US dollar’s long-term scaling plans. Also Read: $200K Bitcoin (BTC) in Sight by 2025, Predicts Bitfinex UBS Predicts New Details About The US Dollar Source: iStock UBS, in a recently released statement, has outlined striking new pointers for investors to take note of. For instance, the financial giant believes the US dollar will continue to thrive as the strong US political momentum may help the currency establish strategic control. With Trump ascending towards the White House and pledging to protect the USD in the long haul, the current sentiment is pushing the USD to scale new highs, ushering in new gains for the greenback to bask in. “The second term of President Trump, along with the Republican Party’s control...