Currencies

Currencies

The day the dollar dies

GLOBAL CURRENCY ORDER For nearly eight decades, the US dollar has dominated the global economy. It has been more than...
Currencies

Goldman Sachs sees Scandinavian currencies strengthening against dollar By Investing.com

Investing.com - Goldman Sachs expects both Norwegian krone (NOK) and Swedish krona (SEK) to strengthen against the U.S. dollar in coming months, with a slight preference for SEK, according to a recent research note. The investment bank views the current market environment as supportive for Scandinavian currencies, citing ongoing dollar hedging programs and global reallocations away from U.S. assets as beneficial trends. Goldman Sachs also anticipates both and exchange rates to gradually decline toward the firm’s three-month targets. The bank’s outlook is tempered by potential risks, noting that both currencies,...
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