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Australian dollar

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UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings

Leave a Comment / Assets, Australian dollar, Bitcoin, British Pound, Crypto Hacked, Cryptocurrency, Currency, Economics, Ethereum, Euro, fiscal deficit, geopolitical, gold, Greenback, Hedging, interest rates, Portfolio, Swiss franc, UBS, US Dollar / / / , , , , , , , , , , , , , , ,

Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies like currency hedging and diversifying into other currencies and assets like […]

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Australian Bank Halts Development of ETH-Based Stablecoin

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The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups are better positioned to innovate or adapt than established banks. NAB Team Joins Ubiquity The National Australia Bank (NAB) recently

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