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Goldman Sachs: Wait-and-see approach for the US dollar
Synopsis: Goldman Sachs adopts a cautious stance on the USD, indicating that the market seems to be in a 'wait-and-see' phase following a significant reassessment. Strong US growth and employment data currently prevent the Dollar from weakening, and looking forward, a "higher-for-longer" economic environment would likely bolster the Dollar.Detailed Analysis:Current Market Sentiment: The market appears to have moved into a phase of reflection and anticipation. This sentiment is attributed to the...
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Posted: Oct 10 2023, 18:57
Author Name: forexlive
Views: 102335