Goldman Sachs: U.S. Dollar Has Much Further to Fall
Goldman Sachs’ predictions about the U.S. dollar fall are pointing to a continuing downward trajectory as the greenback tumbles in global markets. The dollar has already plummeted over 8% this year against major currencies, with April alone seeing a 4.5% drop – the steepest monthly decline since late 2022. This dramatic fall has, at the time of writing, sparked serious concerns about a potential dollar crisis in 2025 and also raised questions about whether foreign investors will continue abandoning U.S. assets amid the ongoing U.S. economic slowdown. Goldman Sachs chief economist Jan Hatzius stated: “With all due humility, I believe that the recent dollar depreciation of 5% on a broad trade-weighted basis has considerably further to go.” Also Read: Treasury Secretary Bessent Says “India Might Be One of First Trade Deals We’ll Sign” Why U.S. Dollar Forecast 2025 Warns Of Crisis And Foreign Sell-Off Source: Getty Images The U.S. dollar’s declining trend according t...