Goldman Sachs: US Dollar Slump is Over
In an interview with Bloomberg Radio, Goldman Sachs’s New York-based chief currency strategist, Robin Brooks, noted the US dollar downtrend is over.
Key Quotes:
We remain dollar bullish and think the trajectory is higher from here .
The
reaction on Friday to a meaningfully weaker-than-expected payrolls was
telling: We had a disappointing jobs number and the dollar actually
bounced.
