UBS: It’s time to short the US dollar
From cnbc.com
Higher inflation is the name of the game in 2017: UBSHigher inflation is the name of the game in 2017: UBS 4 Hours Ago | 01:43 Markets may be betting on the greenback to scale new heights, but chances are now is the time to go short, Adrian Zuercher, head of asset allocation for Asia at UBS, said on Thursday. The dollar has surged in the wake of Donald Trump's surprise election win in the U.S. and as the U.S. Federal Reserve surprised markets at its meeting last week by indicating it would likely hike rates three times next year, a faster rate of tightening than the widely expected two times. On Wednesday, the U.S. ...
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