The downtrend of the US Dollar Index has formed.

Regardless of how this thing moves in the middle, the depreciation of the dollar is an inevitable trend, and it has already begun in recent years. I highly agree with Ray Dalio, the founder of Bridgewater Associates, regarding the judgment on the depreciation of the dollar. No matter how the short-term and medium-term movements go, they cannot affect the long-term depreciation. The depreciation of the dollar is beneficial for US stocks, cryptocurrencies, gold, and commodities.