Subscribe To
Goldman Sachs: Risks skewed towards sustained dollar strength
Goldman Sachs asserts that despite a macroeconomic backdrop that generally supports a weaker dollar—namely, lower rate volatility, slowing yet solid U.S. growth, and positive risk sentiment—the risks look skewed towards a stronger dollar than most market participants anticipate. This is particularly true against major currencies like the JPY, CNY, and EUR.Key Points:Lower Rate Volatility: Goldman Sachs believes that a "careful" Federal Reserve is likely to maintain lower rate volatility, which t...
Read More
Posted: Sep 5 2023, 17:02
Author Name: forexlive
Views: 111561