- Analytics
- News and Tools
- Market News
- USD to march forward in 2022, gold to lose appeal – UBS
USD to march forward in 2022, gold to lose appeal – UBS
Despite high US debt levels, with the Federal Reserve accelerating its tapering of bond purchases economists at UBS expect dollar appreciation to continue in 2022, as investors focus on divergent central bank policies.
Save a few more dollars
“We expect the US dollar to strengthen further in the year ahead as the Fed withdraws monetary accommodation faster than some other major central banks.”
“We hold a positive view on oil as demand hits new highs, and a negative view on gold against a backdrop of rising rates and a belief that inflation will fall.”
“While mindful of risks around COVID-19 variants and inflation, we keep a positive outlook on stocks for the start of 2022. Global economic growth is likely to remain above trend for the first half of 2022, monetary policy is still accommodative, even if emergency support measures are being scaled back, and we expect 10% growth in global corporate earnings in the year ahead.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
