According to Goldman Sachs, the U.S. dollar will strengthen further in the near term as energy price shocks keep yields elevated while economic growth remains resilient. The combination of rising inflation and growth resilience means interest rates will remain “higher-for-longer,” according to Goldman Sachs strategist Karen Reichgott Fishman. Any further concerns about the duration of energy shocks should continue to support relative returns consistent with changing trade conditions and drive broad dollar strength against G10 currencies.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Japan's March Current Account Surplus Hits 46.8 Trillion Yen, Beats 38.9 Trillion Yen Forecast
Japan's unadjusted current account surplus for March reached 46.815 trillion yen, exceeding the forecast of 38.961 trillion yen and marking a significant increase from the previous month's 39.327 trillion yen.
GateNewsJust Now
Japanese Bank Loans Rise to 5.4% YoY in April, Up from 4.8% Prior Month
Japanese bank loans, including trust accounts, grew 5.4% year-over-year in April, up from 4.8% in the previous month, according to official data.
GateNews4m ago
Japan's Bank Loans Rise to 6% YoY in April, Up from 5.2%
Japan's bank loans (excluding trust accounts) rose 6% year-over-year in April, up from 5.2% in the prior month, according to official data.
GateNews4m ago
Japan to Release March Trade Balance in 10 Minutes
Japan will release its March trade balance data in approximately 10 minutes.
GateNews12m ago
U.S. Senate Confirms Kevin Wash as Federal Reserve Governor with 14-Year Term on May 12
According to CCTV News, on May 12, the U.S. Senate confirmed Kevin Wash as a Federal Reserve Governor with a 14-year term. The Senate is expected to immediately initiate confirmation proceedings for Wash to become Federal Reserve Chair, with procedural voting potentially completed as early as May 13
GateNews44m ago
