Analyzing the Potential Impact of the US Election on the US Dollar โ€“ Insights from UBS

Key Takeaways: ๐Ÿ’ฒ US dollar trading above implied fair value ๐Ÿ“ˆ 3% increase in dollar compared to currency basket ๐Ÿ—ณ๏ธ Trump favored to win election despite some divergence ๐Ÿ›ก๏ธ Trump victory could support dollar through policy proposals ๐Ÿฆ Overseas central banks expected to cut interest rates, supporting dollar ๐Ÿ›๏ธ Possible outcomes include a win for โ€ฆ Read more

Asian Currencies Struggling as Yen Hits 3-Month Low; Dollar Strengthens amid Rate and Election Concerns

Key Takeaways: ๐Ÿ’ฑ Most Asian currencies are trading flat to low ๐Ÿ“‰ Growing bets on slower rate cuts by the Federal Reserve have boosted the dollar ๐Ÿ’ต Dollar steadied near recent peaks with focus on interest rates and upcoming presidential election ๐Ÿ‡จ๐Ÿ‡ณ Yuan weakened after Peopleโ€™s Bank of China cut benchmark rates more than expected โ€ฆ Read more