Goldman Sachs said a hawkish Federal Reserve has replaced high oil prices as the U.S. dollar’s core source of support. According to Jin10, the bank said the European Central Bank is taking a wait-and-see approach on policy, while the Japanese yen faces difficulties tied to potential intervention.
Goldman Sachs added that the euro and the yen have remained under short-term pressure in foreign exchange markets.
Goldman Sachs Says Hawkish Fed Replaces High Oil Prices as Key Support for U.S. Dollar
2026-07-01 03:44:36
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