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Goldman Sachs suggests that the EUR should now be considered the funding currency of choice, particularly in comparison to the CHF and JPY, given current market conditions and expectations for currency performance.
Key Points:
Conclusion:
As market dynamics shift and uncertainties loom, Goldman Sachs identifies the EUR as a more attractive funding option, potentially enhancing its appeal against the backdrop of stable yields and positive equity performance. This perspective underscores the changing landscape in currency markets amid evolving economic conditions.
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This article was written by Adam Button at www.forexlive.com.
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