Analysis: Tech Stock Panic Drags Down Risk Appetite, Dollar Regains Safe-Haven Buying Support

Odaily reports that FxPro Chief Market Strategist Alex Kuptsikevich stated that, dragged down by concerns over tech stocks, global risk appetite has declined, and the US dollar has found support and rebounded. Investors are worried about the future of artificial intelligence technology and have begun selling stocks to buy safe-haven assets. Previously, investors mainly shifted funds into safe-haven assets such as US Treasuries, gold, the Japanese yen, and the Swiss franc; now the US dollar is also beginning to gain favor. (Jinshi)