Goldman Sachs forecasts choppy USD "downside in the months ahead" because 1980s

Author: Eamonn Sheridan | Category: News

GS have drawn parallels with the macro environment facing the US dollar today and in the 1980s

  • current US - China  trade tensions compared with similar US -Japan in 80s
  • fading fiscal stimulus, more accommodative monetary policy likely to lead to US dollar fall

Foresee a "choppy dollar downside in the months ahead"


Also from GS:

  • see USD/CNY above 7 in the next three months (post here on this here ) 
  • And also, see near-term strength for EUR and JPY 
I probably should put in a 1980s hit?  Nah …

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