Goldman: ‘Dark Matter’; Why Market Has Gone Against Our Dollar call?

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In a note to clients today, Goldman Sachs follows up on its recent bullish USD call admitting that price action has gone ‘decidedly’ against this call as of late. “Despite an impressive series of positive data surprises – most obviously last Friday’s payrolls – the Dollar has weakened (Exhibit …

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Goldman: ‘Dark Matter’; Why Market Has Gone Against Our Dollar call?

Goldman: ‘Dark Matter’; Why Market Has Gone Against Our Dollar call?

Posted on by

In a note to clients today, Goldman Sachs follows up on its recent bullish USD call admitting that price action has gone ‘decidedly’ against this call as of late. “Despite an impressive series of positive data surprises – most obviously last Friday’s payrolls – the Dollar has weakened (Exhibit …

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Goldman: ‘Dark Matter’; Why Market Has Gone Against Our Dollar call?