FX.co ★ Goldman Sachs forecasts dollar declining in 2019

Analysts of the largest investment bank Goldman Sachs predict a decline in the value of the US dollar next year. The experts believe that the reason lies in the slowdown in the US economic growth, whose indicators are close to the global average.

In the meantime, Goldman Sachs revised its projected value of the yen. Like the Japanese currency, the Latin American currencies, as well as the Canadian, Australian, New Zealand dollars, Israeli shekel, and the Swedish krona are also expected to strengthen.

According to the macroeconomic outlook of this financial institution, further changes in the global economy are projected to contribute to the fall in the value of the US dollar in 2019.