美元重挫10%！贬值潮将至？历史重演！美元资产怎么办？普通人如何应对？

Market Analysis & Trends - The U_S stock market has recovered from a previous flash crash, but the dollar index has fallen to a new low since 2022 [1] - The dollar index (DXY) measures the dollar's strength against a basket of six major currencies, with the Euro having the largest weighting at 575% [1] - Since early 2025, the dollar index has been declining, reaching its lowest level since 2022 [1] Factors Influencing the Dollar - Dollar's value is determined by supply and demand, with supply factors including the U_S trade deficit, Federal Reserve monetary policy, and U_S fiscal deficit [1] - Demand for dollars is influenced by international trade settlement, central bank foreign exchange reserves, and investment in dollar assets [1] - Short-term dollar trends are primarily influenced by the Federal Reserve's monetary policy and the U_S government's fiscal deficit [1] Recent Dollar Depreciation - The dollar's strength in 2024 was driven by Trump's policies, but it weakened in early 2025 due to concerns about trade protectionism and fiscal policies [2] - Market concerns about U_S governance and institutional issues are eroding foreign investors' confidence in dollar assets [2] - Some countries are reducing their reliance on the dollar [2] Future Dollar Trends - The report suggests that a complete collapse of dollar hegemony is unlikely in the foreseeable future [2] - Short-term dollar trends will be heavily influenced by Trump's policies, with potential for continued downward pressure due to trade and fiscal uncertainties [2] - The U_S economy remains strong, with positive economic data and a relatively hawkish Federal Reserve compared to other central banks [3] Investment Strategy - The author believes that the dollar's depreciation pressure may be nearing its end, with potential for appreciation due to economic fundamentals and policy factors [3] - The author suggests that long-term investors should focus on the U_S's economic fundamentals and technological advancements rather than short-term policy risks [3] - The author maintains a long-term positive outlook on U_S equities and dollar assets, particularly for investors in developing countries [3]