22 November 2022 | Other

The dollar will weaken against Asian currencies, according to Goldman

Goldman Sachs forecast the growth of the US dollar against Asian currencies. If the situation with the Fed’s interest rates will get clear during the first half of 2023, the strengthening of the dollar must stop. In that case, the U.S. currency will gradually begin to decline. 

According to Sunday's note from analysts (including Danny Suwanapruti), pinpointing an exact time for the dollar to peak will be difficult. However, the currency must rise to its highest level as final rates emerge. After the dollar's reversal, differences in current account balances will lead to various tendencies in all Asian currencies (despite Japanese yen).

Bloomberg reports the U.S. Bank remains optimistic about the Singapore dollar.

Company MarketCheese
Period: 03.09.2026 Expectation: 95 pips
Invest in SPX up to $7,815
Today at 09:49 AM 20
Gold buy
Period: 20.09.2026 Expectation: 400 pips
Buying gold amid dollar sell-off
Today at 09:49 AM 22
Period: 27.08.2026 Expectation: 200 pips
Buy ETHUSD with $2,400 in sight after breaking out of consolidation
Today at 09:26 AM 18
Period: 27.08.2026 Expectation: 1400 pips
Go short on USDJPY with 157.50 target as greenback loses ground
Today at 06:05 AM 24
Period: 31.08.2026 Expectation: 250 pips
Invest in EURUSD with 1.1610 target
Yesterday at 12:10 PM 32
Gold buy
Period: 31.08.2026 Expectation: 6000 pips
Invest in gold up to $4,410
Yesterday at 12:10 PM 45
Go to forecasts