Cathie Wood says the dollar could rise sharply — what investors should pay attention to
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- Cathie Wood predicts the USD will strengthen, which could put pressure on gold and other assets sensitive to the US dollar.
- The $4,000 level for gold is very important; if it clearly breaks through this level, it will reinforce Wood’s argument.
- Bitcoin is an unknown factor after rising alongside the DXY in September 2023. If this trend continues, its usual inverse relationship with the US dollar may be weakening.
$BTC
$XAUT
$ONDO
⠀
- Cathie Wood predicts the USD will strengthen, which could put pressure on gold and other assets sensitive to the US dollar.
- The $4,000 level for gold is very important; if it clearly breaks through this level, it will reinforce Wood’s argument.
- Bitcoin is an unknown factor after rising alongside the DXY in September 2023. If this trend continues, its usual inverse relationship with the US dollar may be weakening.
$BTC
$XAUT
$ONDO
