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The downward trend of the US dollar index has formed.
Don't worry about how this thing plays out in the middle; the depreciation of the dollar is an inevitable trend, and it has already begun in recent years. I highly agree with Bridgewater Fund founder Ray Dalio's assessment of the dollar's depreciation. Regardless of how the mid-term or short-term moves, it cannot affect the long-term depreciation. The depreciation of the dollar is beneficial for US stocks, cryptocurrencies, gold, and commodities.
No matter how this thing moves in between, the devaluation of the dollar is an inevitable trend, it has already started in recent years. I highly agree with Ray Dalio, the founder of Bridgewater Associates, regarding the judgment on the devaluation of the dollar. Regardless of how it moves in the medium term or short-term, it cannot affect the long-term devaluation. The devaluation of the dollar is favourable for US stocks, Crypto Assets, gold, and commodities.