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UBS Expects Ongoing Drop in U.S. Dollar, Suggests Portfolio Review

PANews reports that UBS anticipates the U.S. dollar will continue to weaken and urges investors to reevaluate their portfolios. The bank predicts a mid-term decline in the dollar, driven by decreasing interest rate differentials and rising fiscal deficits. Since June, the dollar has experienced a 5% drop. UBS recommends that investors consider strategies like currency hedging, diversifying into other currencies, and investing in gold to reduce potential risks.

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