Flash: USD remains favoured currency for 2013 - UBS

FXstreet.com (Barcelona) - According to Mansoor Mohi-uddin, Head of Foreign Exchange Strategy at UBS Macro Research, the USD remains the currency of choice for the Swiss bank in 2013, based on that “the US economy is likely to expand more than its peers,” the analyst notes.

He believes “the Federal Reserve is set to exit unconventional monetary policy before other major central banks,” and that the USD might be in a similar position it was back in 1995, being ready to start a multi year uptrend.