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Institutions: Investors continue to withdraw assets from the US dollar.
GoldenOctober2024
RBC-2,79%
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.
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