CoinWorld News, ME News reports that on March 2 (UTC+8), Allianz Investment is considering purchasing US dollars. The company has been betting on the depreciation of this American currency for several months, and the Middle East conflict has restored its status as a safe-haven asset. Greg Hirt, Chief Investment Officer of the multi-asset strategy at the company, stated that there are "sufficient reasons to buy US dollars in the short term." On Monday, the US dollar rose to a three-week high against a basket of currencies. Hirt pointed out that although he still believes in the long-term de-dollarization trend, a more neutral stance may be necessary in the short term.
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CoinWorld News, ME News reports that on March 2 (UTC+8), Allianz Investment is considering purchasing US dollars. The company has been betting on the depreciation of this American currency for several months, and the Middle East conflict has restored its status as a safe-haven asset. Greg Hirt, Chief Investment Officer of the multi-asset strategy at the company, stated that there are "sufficient reasons to buy US dollars in the short term." On Monday, the US dollar rose to a three-week high against a basket of currencies. Hirt pointed out that although he still believes in the long-term de-dollarization trend, a more neutral stance may be necessary in the short term.