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UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings

UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings

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Source: Bitcoin.com

UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdingsFinancial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fiscal deficit. With the dollar down 5% since June, UBS recommends strategies like currency hedging and diversifying into other currencies and assets like […]

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Author: Kevin Helms