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USDJPY Could Plunge As Low As 98 After "Trump Bubble" Bursts, UBS Wealth Warns

USDJPY Could Plunge As Low As 98 After "Trump Bubble" Bursts, UBS Wealth Warns

One week after JPM made the exact same forecast, warning that the recent surge in the USDJPY will fade dramatically as Dollar euphoria shifts to concerns about protectionism, overnight UBS Group’s $2 trillion wealth-management arm said yen traders have got the Donald Trump "trade" all wrong, and the yen will strengthen to 98 per dollar by this time next year.

To Really ‘Make America Great Again,’ End the Fed!

by Ron Paul

Former Dallas Federal Reserve Bank President Richard Fisher recently gave a speech identifying the Federal Reserve’s easy money/low interest rate policies as a source of the public anger that propelled Donald Trump into the White House. Mr. Fisher is certainly correct that the Fed’s policies have “skewered” the middle class. However, the problem is not specific Fed policies, but the very system of fiat currency managed by a secretive central bank.

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