Goldman Sachs says USD to fall

Author: Eamonn Sheridan | Category: News

Goldman Sachs still expect a lower US dollar despite rising rates.

  • As long as US front-end rates remain low
  • and other curves are moving as well
USD also subject to weakness due to valuations limiting the selloff in bond yields
  • rapid global growth over the next 6 months as vaccination, reopenings take place
Goldman says a larger-than-expected increase in global real rates is a risk to its view

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