3 Analyst-Backed Ways to Gain From Weak US Dollar (USD)
The US dollar is currently experiencing a high dose of intense agony. The American currency is constantly being challenged by global competitors, who, in turn, are out for blood, wanting to snatch away the USD’s global hegemony. The US dollar is currently derailed by constant de-dollarization efforts, with Trump’s sanctions and tariffs adding more pressure on the USD. In short, the US dollar is currently at its weakest, worrying its investors to the core. In the middle of this spiral, analysts are still curating ways to profit from a weak USD, stating how the dollar can still deliver lucrative returns if one knows how to make the most out of the current USD devaluation and downfall. Also Read: BRICS Launching QR Code Payments To Avoid US Dollar Analyst Weigh In: How Can You Profit From a Weak US Dollar? 1. Own Non-US Assets, Especially European Financials and Telecoms Source: Shutterstock According to Marko Papic, chief strategist at BCA Research, owning non-US assets, especially ...