I asked ChatGPT for a list of the currency pairs where dollar lost most value last year. The Japanese Yan was 16th on the list with ~-0.3% while other countries had double digit gains. If one is betting on a world wide pullback it would make sense to short the fiat currencies with the biggest gains against the dollar but I would rather continue shorting the dollar with Bitcoin and possibly with other strong fiat currencies.
I asked ChatGPT for a list of the currency pairs where dollar lost most value last year. The Japanese Yan was 16th on the list with ~-0.3% while other countries had double digit gains. If one is betting on a world wide pullback it would make sense to short the fiat currencies with the biggest gains against the dollar but I would rather continue shorting the dollar with Bitcoin and possibly with other strong fiat currencies.