Express

Goldman Sachs Bets Against The Dollar

Emily Mason

Summary: Goldman Sachs is shorting the dollar just one week after blasting cryptocurrencies as unsafe investments, dailyhodl.com reports. The bank is guessing that investors will move their money to the stock market as the United States' economy -- and currency -- struggles under the weight of the coronavirus. By Emily Mason

Goldman Sachs is shorting the dollar just one week after blasting cryptocurrencies as unsafe investments, dailyhodl.com reports.

The bank is guessing that investors will move their money to the stock market as the United States' economy -- and currency -- struggles under the weight of the coronavirus.

By Emily Mason

Last Update:

Tags: ,,,
Link: Goldman Sachs Bets Against The Dollar   [Copy]
  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 1 day ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 2 days ago
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 7 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 8 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 19 days ago
  • You need to login to comment.