UBS expects the dollar to fall further and recommends investors reduce their dollar holdings
Bitget2024/10/01 00:50
PANews reported on October 1 that according to News.bitcoin, UBS expects the dollar to continue to depreciate and advises investors to reassess their portfolios. The bank expects the dollar to fall in the medium term due to narrowing interest rate advantages and increasing fiscal deficits. Since June, the dollar has fallen by 5%, and UBS recommends that investors adopt strategies such as currency hedging and diversification of investments in other currencies and assets such as gold to reduce risks.
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