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Greenback likely to consolidate, equities poised for gains: UBS CIO

After its worst month in a decade in July, the US dollar may get some reprieve and reverse its decline, albeit slightly, believes UBS. On the other hand, US stocks still have room to move up due to poor investor sentiment. Last week, the US dollar index (DXY) recorded its first weekly gain since June, closing fractionally stronger — although…

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