You are here

Buy greenback before Round 2 of French elections: UBS

Analysts base their recommendation on their guess Le Pen has about a 40% chance of eventual victory

Once the French elections are over, the euro may rebound strongly against the US dollar, says a UBS forex analyst, adding that his long- term view is that the greenback will weaken.


BUY the US dollar against the Singapore dollar over the next two months but stop doing that right before the second round of France's presidential election, analysts from UBS's Chief Investment Office (CIO) said at a media briefing at the Swiss bank's Raffles Place office on...

Market voices on: