MARKET OUTLOOK - According to UBS, artificial intelligence will boost growth in the U.S. and support the strength of the dollar.

UBS Asset Management's Evan Brown stated that the productivity gains from artificial intelligence will boost growth in the U.S. and support the strength of the dollar. In his speech at the UBS European Conference, he emphasized that the proposed policy changes, along with the impacts of AI gains, will likely keep the U.S. dollar strong compared to the currencies of other developed economies. Brown remarked, "The global effects and spread of AI development will probably be disproportionately favorable to the U.S. compared to other countries." The DXY dollar index rose by 0.2% to reach 106.730.