4 days ago
UBS Strategists Say Dollar Negative Story Is ‘Back in Play'
Weakness in the US labor market and changes to the Federal Reserve's board and Bureau of Labor Statistics are risks that could push the dollar and Treasuries lower, strategists at a unit of UBS Group said.
Investors have yet to fully price in the impact of Friday's series of events that began with a jobs report that showed hiring has been slowing and concluded with the resignation of Fed Governor Adriana Kugler, the strategists from UBS Investment Bank wrote Wednesday.