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Analysts of the famous investment bank#Goldman_Sachsexpected,,
✅ The strength of the US dollar will continue for a longer period of time if the US Federal Reserve maintains its tightening approach and keeps interest rates at current levels, which will coincide with the start of other central banks reducing interest rates.
✅According to the economists’ note, if the tightening monetary policy continues during the coming period, and the monetary authorities in other central banks decide to take accommodative decisions instead of waiting for the US Federal Reserve to start the interest rate reduction cycle, interest rate differences are likely to support the strength of the dollar for a longer time.
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