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Goldman Sachs Group revised upward its forecasts for the dollar, citing the strength of the US economy and the likely imposition of higher tariffs that could slow monetary easing.
“We expect the dollar to rise about 5% over the next year due to the implementation of new tariffs and continued U.S. outperformance,” the strategists, including Kamakshya Trivedi. Even with this update, “we still see the risks tilted toward more dollar strength.”
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