UBS expects the dollar to fall further and recommends investors reduce their dollar holdings

CoinVoice recently learned that according to News.bitcoin, UBS expects the US dollar to continue to depreciate and recommends investors to reassess their portfolios. The bank expects the US dollar to fall in the medium term due to narrowing interest rate advantages and increasing fiscal deficits.

The dollar has fallen 5% since June, 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. [Original link]