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 …
