Goldman Sachs Maintains Broadly Bullish Outlook on Dollar Vs. Asian Currencies -- Market Talk

Dow Jones

Jan 13, 2025

0205 GMT - Goldman Sachs maintains its broadly bullish outlook on dollar versus Asian currencies, partly supported by even firmer dollar outlook for this year, its Research team says in a note. GS refreshes its USD/Asia FX forecasts taking into account December's FX movements and its economists' Fed rate-cut projection revision following Friday's strong non-farm payrolls report.The U.S. investment bank raises its USD/JPY forecasts to 160 from 155 for next three months, 161 from 157 for next six months, and 162 from 159 for next 12 months. GS also raises some other dollar/Asia FX forecasts, such as USD/SGD to 1.3900 from 1.3600 for next three months, 1.4000 from 1.3800 for next six months, and 1.4100 from 1.3800 for next 12 months. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

January 12, 2025 21:05 ET (02:05 GMT)

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Asian Currencies -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-13 10:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0205 GMT - Goldman Sachs maintains its broadly bullish outlook on dollar versus Asian currencies, partly supported by even firmer dollar outlook for this year, its Research team says in a note. GS refreshes its USD/Asia FX forecasts taking into account December's FX movements and its economists' Fed rate-cut projection revision following Friday's strong non-farm payrolls report.The U.S. investment bank raises its USD/JPY forecasts to 160 from 155 for next three months, 161 from 157 for next six months, and 162 from 159 for next 12 months. GS also raises some other dollar/Asia FX forecasts, such as USD/SGD to 1.3900 from 1.3600 for next three months, 1.4000 from 1.3800 for next six months, and 1.4100 from 1.3800 for next 12 months. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 12, 2025 21:05 ET (02:05 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0106831901.USD","symbol_name":"贝莱德世界金融基金A2","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2503312085","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503312085","pubTimestamp":1736733900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0205 GMT - Goldman Sachs maintains its broadly bullish outlook on dollar versus Asian currencies, partly supported by even firmer dollar outlook for this year, its Research team says in a note. GS refreshes its USD/Asia FX forecasts taking into account December's FX movements and its economists' Fed rate-cut projection revision following Friday's strong non-farm payrolls report.The U.S. investment bank raises its USD/JPY forecasts to 160 from 155 for next three months, 161 from 157 for next six months, and 162 from 159 for next 12 months. GS also raises some other dollar/Asia FX forecasts, such as USD/SGD to 1.3900 from 1.3600 for next three months, 1.4000 from 1.3800 for next six months, and 1.4100 from 1.3800 for next 12 months. 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GS refreshes its USD/Asia FX forecasts taking into account December's FX movements and its economists' Fed rate-cut projection revision following Friday's strong non-farm payrolls report.The U.S. investment bank raises its USD/JPY forecasts to 160 from 155 for next three months, 161 from 157 for next six months, and 162 from 159 for next 12 months. GS also raises some other dollar/Asia FX forecasts, such as USD/SGD to 1.3900 from 1.3600 for next three months, 1.4000 from 1.3800 for next six months, and 1.4100 from 1.3800 for next 12 months. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 12, 2025 21:05 ET (02:05 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}