Dec 1st, 2020

Goldman Sachs Says Dollar Could Fall by 6% in 2021

Goldman Sachs expects the dollar to fall next year as the global economy recovers and investment allocation shifts into riskier assets. Kamakshya Trivedi, Goldman's co-head of global FX, interest rates and emerging-markets strategy research, says the currency could decline "by roughly 5% to 6% on a broad, trade-weighted basis in the coming year." He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)