US dollar to fall further despite rising rates – Goldman Sachs
|Analysts at Goldman Sachs expect more US dollar weakness in the coming months despite rising rates.
Key quotes
“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 six months as vaccination and reopenings take place.”
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