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Dollar Supremacy Cracking As Investors Seek Escape
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Dollar’s supremacy is cracking, and markets are building an escape route, warns the CEO of one of the world’s largest independent financial advisory organisations.
Nigel Green comments: “Currency markets are flashing red.
Strength toward ¥152 per dollar signals global investors are hedging against policy turbulence in Washington”, the deVere CEO noted.
Europe, Asia, selective emerging markets, commodities, and digital assets are gaining attention as investors hedge currency risk and seek diversification”.
Investors already treat the euro, yen, and select emerging market currencies as partial hedges against US policy risk.