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Kamakshya Trivedi, chief foreign exchange and emerging markets strategist at Goldman Sachs, said that the US economy and market are no longer the “extraordinary performance” of the past, and the US dollar is expected to weaken further. He added, “We believe there is room for further depreciation of the US dollar, which reflects the expectation that the Federal Reserve will continue to relax monetary policy in December and next year.”

Zhitongcaijing·12/03/2025 14:17:06
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Kamakshya Trivedi, chief foreign exchange and emerging markets strategist at Goldman Sachs, said that the US economy and market are no longer the “extraordinary performance” of the past, and the US dollar is expected to weaken further. He added, “We believe there is room for further depreciation of the US dollar, which reflects the expectation that the Federal Reserve will continue to relax monetary policy in December and next year.”