UBS: dollar's long-term trend continues to decline

UBS: the long-term trend of the dollar continues to decline] UBS released a report predicting that the long-term trend of the dollar will continue to decline. The latest US inflation figures were slightly lower than market expectations and the dollar weakened further against the G10 currencies, the report said. Several important support points for the dollar were also affected, with the dollar falling below the key support level of 0.90 against the Swiss franc, which is believed to be mainly due to market concerns about the Swiss franc position, which is expected to fall back to the 0.90-0.95 range in the coming days. But investors should still consider selling dollars, and U. S. CPI and other data could keep the dollar's long-term trend down.