Goldman Sachs: US Dollar Slump is Over

Goldman Sachs: US Dollar Slump is Over

11 May 2016, 12:13
Roberto Jacobs
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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.


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