Hedge Budget Flip Bearish on Greenback as Goldman Sees Extra Declines

Goldman Sachs Crew added its voice to a refrain of expectancies of a weaker greenback after america central financial institution’s clearest signal but that interest-rate cuts are coming.The financial institution made sweeping adjustments to its exchange-rate forecasts after the Federal Reserve signaled a more-rapid transfer to “non-recessionary” interest-rate cuts, Goldman analysts together with Michael Cahill wrote in a notice on Friday.

Author: OpenAI