Analyst: Short term rebound of the US dollar will not change the overall downward trend

According to Golden Finance, Validus risk management analyst Marc Cogliatti stated in a report that investors may continue to withdraw funds from US assets, which will drive the US dollar weaker in the long run. He pointed out that policy uncertainty in the United States may prompt investors to diversify their asset allocation (reduce dependence on US assets). In the short term, due to a decrease in risk appetite, the demand for safe haven assets may support the strengthening of the US dollar, but the overall selling trend will continue. Foreign investors are still diversifying their investments in US assets, and the short-term rebound will not change the overall downward trend.