Foreign exchange
currency·@pappy·
0.000 HBDForeign exchange
 The U.S. currency is set to have a disappointing 2018 against the euro despite the Federal Reserve likely to continue its current cycle of rate hikes into next year, according to currency experts at UBS. A rise in benchmark rates is usually beneficial for the dollar as more people flock to U.S. assets in anticipation of higher yielding assets. https://www.cnbc.com/2017/11/21/dollar-set-for-rough-2018-as-the-euro-pushes-higher-ubs-predicts.html