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Goldman Sachs says the USD will remain dominant on the world stage for a long time

A Goldman Sachs addressing the latest flare-up in de-dollarisation hysteria. de-dollarization is "lots of talk (again), not a lot of action""While that is a clear risk if the US abuses its 'exorbitant privileges', we see no evidence of that in the data so far (for example, even Brazil's rising share of CNY reserves replaced CAD, not the Dollar), and our strong view is that there is currently no real contender,"part "of the Dollar's declining share can likely be attributed to regular market force... Read More

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Content Topics

Goldman

Sachs

Says

Will

Remain

Dominant

World

Stage

Long

Forex

Posted: Apr 25 2023, 23:59

Author Name: forexlive

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