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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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Institutions: Investors continue to withdraw assets from the US dollar.
Jin10 data reported on June 6th that Mark Dowding, Chief Investment Officer of fixed income investments at RBC BlueBay Asset Management, stated in a report that the company continues to hear news of changes in asset allocation, leading to a decrease in demand for the US dollar. He mentioned, "This trend may continue." If a new round of fluctuations occurs, the US dollar may depreciate at a faster rate. He stated that this could be due to concerns that in recent months, US dollar trading has behaved more like a risk asset.