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Hedge Budget Flip Bearish on Greenback as Goldman Sees Extra Declines

Hedge Budget Flip Bearish on Greenback as Goldman Sees Extra Declines
December 18, 2023



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.

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