MarketWatch
US · 14 mins ago
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As Trump heads to China, here’s how much the dollar is overvalued, according to Goldman Sachs
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As Trump prepares to visit China, Goldman Sachs analysts assess that the US dollar is overvalued, while China's renminbi currency is at multi-decade lows and may appreciate during US-China trade negotiations.
As Trump heads to China, here’s how much the dollar is overvalued, according to Goldman Sachs
China may allow its currency to succumb to upward pressure as part of its trade negotiations with the U.S. The renminbi is cheaper than it has been for several decades, according to GS forex strategists
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