Investing in Currencies

Can crypto be environmentally responsible?© Andriy Onufriyenko—Moment/Getty ImagesAre you worried about climate change, but also have some crypto coins jingling in your digital wallet? Might seem a bit weird, right? Like your financial and moral compasses are giving you contradictory readings.It’s true that Bitcoin gets a bad rap for using a shocking amount of energy—on par with many countries. But the truth about cryptocurrency energy usage is more nuanced than you might think. And believe it or not, you can invest in crypto responsibly without creating a gigantic carbon footprint....

CIO believe investors should therefore reduce US dollar exposure by partially hedging dollar assets, adding international exposure, switching USD cash and fixed income exposure for those in other G10 currencies, or by using options. We also believe gold can be an effective diversifier.The US dollar weakness should continue over the medium term.Since its near-term peak in late June, the DXY dollar index has fallen over 5%.With the dollar’s interest rate advantage over other currencies set to narrow further over the coming year, we expect the greenback to continue to depreciate.We...