Live Updates > Live Update Details
2026-05-28 15:53:59
[UBS Survey: World's Richest Families Reduce Dollar Allocations; Two-Third Expect Weaker Confidence in the Dollar as Reserve Currency] ⑴ A report released by UBS on Thursday stated that due to rising geopolitical tensions and sovereign debt, the world's richest families are reducing their dollar allocations, prompting them to rethink the risks of their portfolios. ⑵ UBS's survey shows that approximately two-thirds of the surveyed family offices expect confidence in the dollar as a reserve currency to weaken this year. ⑶ The survey was conducted from January to late March, before the dollar began to outperform many other currencies.
