[U.S. Treasury Secretary Supports Strong Dollar Policy but Fails to Halt Decline; Market Dominated by Currency Devaluation Concerns] Reported by Golden Finance, the U.S. dollar exchange rate fell during Thursday's Asian trading session, halting Wednesday's rebound momentum, as concerns over potential dollar devaluation resurfaced, outweighing U.S. Treasury Secretary Bessent's reaffirmation of a strong dollar policy. "The new Bond King" Jeffrey Gundlach stated that the dollar has not behaved like a safe-haven currency for some time, as investors increasingly favor tangible assets like precious metals. Damien Loh, Chief Investment Officer and Co-Founder of hedge fund Ensemble Capital, commented: "Bessent employed 'strategic ambiguity' when discussing the dollar." He explained: "A comprehensive weak dollar policy, like the one initially advocated by Trump, could create a self-reinforcing trend and spiral out of control. Therefore, Bessent is attempting to temper such expectations, although I believe they still hope for a gradual weakening of the dollar." (Jin10)