The dollar fell in Asian trading on Thursday, halting Wednesday's rebound, as renewed concerns about a potential dollar depreciation outweighed Treasury Secretary Bessant's reaffirmation of a strong dollar policy. "The new Bond King," Gundlach, stated that the dollar has not acted as a safe-haven currency for some time, as investors prefer tangible assets such as precious metals. Damien Loh, chief investment officer and co-founder of hedge fund Ensemble Capital, said, "Bessant used 'strategic ambiguity' when talking about the dollar." He explained, "A comprehensive weak dollar policy like the one Trump initially advocated could become self-reinforcing and get out of control, so Bessant is trying to mitigate that expectation, although I think they still want the dollar to weaken gradually." (Jinshi)