Reported 6 days ago
Goldman Sachs analysts suggest the US dollar, despite recent stability, might start trading like a riskier currency due to various factors including trade policy uncertainties and diversification away from US assets. They note that the correlation between the dollar and market volatility is at a seven-year low, indicating a shift from its traditional safe-haven status, while sell-offs often occur alongside US equities, raising concerns about the dollar's appeal.
Source: YAHOO