Goldman Sachs predicts that the US dollar will continue to decline against Asian currencies

律动BlockBeats
律动BlockBeats|May 14, 2025 02:28
BlockBeats News: On May 14th, Goldman Sachs stated that the possible direction for the US dollar/Asian currency pair is still downward after recent progress in trade negotiations. Despite recent progress in trade negotiations between China and the United States, the main themes of the market have not changed. These themes are: the trend of gradually diversifying investments from US assets should continue; Asian exporters should continue to convert US dollars into local currency; If the Asian region engages in trade negotiations with the United States, its currency depreciation may be more difficult. (Golden Ten)
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