Mars Finance News, on August 4th, the US dollar continued its decline from Friday, as market expectations for a Fed rate cut in September heated up and concerns about the reliability of US data intensified. Goldman Sachs analysis pointed out that Trump's move to replace the Bureau of Labor Statistics (BLS) director could weaken market confidence in the credibility of US policies, prompting investors to reassess their risk-averse strategies. The bank expects the US dollar to further weaken, especially with potential pressure on the exchange rate against the Japanese yen. (Bloomberg)
Goldman Sachs: Trump's firing of U.S. Labor Department chief is negative for the dollar
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