Goldman sees U.S. dollar weakness persisting in 2018

NEW YORK (Reuters) – Goldman Sachs (NYSE:) said on Wednesday it continues to expect broad weakness in the U.S. dollar and outperformance by emerging market currencies in 2018 amid investors’ concerns about escalating trade tension.

Even after U.S. President Donald Trump’s signing of steel and aluminum tariffs last week and the opposition from the European Union, Goldman Sachs analysts said in a research note their outlook on global trade activity remains strong and they saw little risk of a trade war.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.