Financial 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 […]
Source: https://news.bitcoin.com/ubs-warns-of-further-us-dollar-decline-advises-investors-to-reduce-usd-holdings/