Investors Show Caution as US Dollar Outlook Remains Uncertain -

With growing uncertainty surrounding the US dollar’s trajectory, investors are increasingly exploring strategies that avoid directly involving the world’s reserve currency. In recent weeks, there’s been a notable shift toward cross-currency trading opportunities, where investors are seeking gains that aren’t solely tied to the performance of the dollar.

Favouring Cross-Currency Trades Amid Dollar Ambiguity

Market experts indicate that the unpredictable nature of the upcoming US elections and Federal Reserve policies has made forecasting the dollar’s movement challenging. Elsa Lignos of RBC Capital Markets noted that many investors are looking to reduce their exposure to the dollar, instead favouring cross-currency trades that can bypass the current uncertainties. This approach offers a way to profit without directly depending on the greenback’s direction.