Global economic uncertainty intensifies as investors flock to the "devaluation trade" wave
According to ChainCatcher, citing Golden Ten Data, increasing political and fiscal uncertainty in the world's largest economies—including the United States, France, and Japan—has led investors to sell off assets denominated in the US dollar, euro, and yen, and shift toward alternative assets such as bitcoin, gold, and silver. Wall Street refers to this phenomenon as a "devaluation trade," a strategy investors use to protect themselves from currency depreciation. Although opinions on this trend vary, its supporters believe that this phenomenon is gaining momentum, reflecting the ongoing issue of rising government debt.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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