COINOTAG news, October 1, reports from News.bitcoin highlight UBS’s forecast concerning the depreciation of the dollar. UBS anticipates a continued decline in the dollar’s value in the medium term, driven by diminishing interest rate advantages and escalating fiscal deficits. Notably, since June, the dollar has experienced a 5% depreciation. UBS advises investors to re-assess their portfolios and consider strategies like currency hedging and diversification into other currencies and assets, including gold, to mitigate impending risks.
Source: https://en.coinotag.com/breakingnews/ubs-forecasts-continued-usd-depreciation-strategic-shifts-for-investors-recommended/