Institutions: Investors continue to withdraw assets from the U.S. dollar
2025-06-06 11:48:44
Mark Dowding, chief investment officer for fixed income investments at RBC BlueBay Asset Management, said in a note that the firm continues to hear news of changes in asset allocation, leading to less demand for the dollar. He said: This trend is likely to continue. If there is a new round of volatility, the dollar could depreciate at a faster rate. He said this could be due to concerns that the dollar has been trading more like a risky asset in recent months. (Golden Ten)
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