UBS Predicts Continued Decline Of US Dollar, Advises Portfolio Reassessment

According to PANews, UBS forecasts a continued depreciation of the US dollar and recommends investors reassess their portfolios. The bank anticipates a mid-term decline in the dollar due to narrowing interest rate advantages and increasing fiscal deficits. Since June, the dollar has fallen by 5%. UBS advises investors to adopt strategies such as currency hedging, diversifying into other currencies, and investing in assets like gold to mitigate risks.