The Goldman Sachs Analysts, in their latest client, offer a medium-term view on the US dollar, with the risks skewed towards the downside. Key Quotes: “Sticking with their bearish US dollar call for the medium term.” Reasons for the bearish outlook: “Robust case for improving European growth in coming quarters and stimulus from China. US rates are high compared with a trade-weighted average of G10 rates. USD could drop when rate differentials fall 80-100 bps (US 2 year notes) that EUR and GBP will benefit.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next C$ may struggle with the jobs report Yohay Elam 3 years The Goldman Sachs Analysts, in their latest client, offer a medium-term view on the US dollar, with the risks skewed towards the downside. Key Quotes: "Sticking with their bearish US dollar call for the medium term." Reasons for the bearish outlook: "Robust case for improving European growth in coming quarters and stimulus from China. US rates are high compared with a trade-weighted average of G10 rates. USD could drop when rate differentials fall 80-100 bps (US 2 year notes) that EUR and GBP will benefit." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
