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

by SB Crypto Guru News
October 1, 2024
in Bitcoin
Reading Time: 1 min read
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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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