Dollar (USD) Outlook: What Is the ‘Debasement Trade’ and Why Does It Matter?

Political and fiscal uncertainty in the US is prompting investors to again turn nervous toward the dollar. As some have offloaded the currency, alternative assets such as Bitcoin and gold...

By Richard Henderson and Simon Kennedy · Bloomberg Markets

Political and fiscal uncertainty in the US is prompting investors to again turn nervous toward the dollar. As some have offloaded the currency, alternative assets such as Bitcoin and gold have seen their value soar.