Vladimír Urbánek (Kurzy.cz)
Currencies  |  September 13, 2010 09:57:51

Goldman Sachs still believes in approaching the steep depreciation of the dollar, the crown portends relative stability


The United States has recently shown more and more signs of structural weakening economy, the half-year results in a considerable weakening of the U.S. dollar and next year we can expect a significant slowdown in economic growth, world's largest economies, says the new monthly forecast of global U.S. investment bank Goldman Sachs. Towards the Central European region is the new vision-friendly, if slightly improves the expected exchange rate in favor of the crown and the Polish zloty against the common European currency.

"The slowdown in U.S. economic growth in the near future will lead to further quantitative easing the Fed's monetary policy," says a new monthly report with the GS, the bank is still considered the most likely scenario "vícerychlostního recovery" and improve the relationship to risk, which together probably falls on a negative course dollar in the medium term.

The full report can be found on the server Patria Online, specifically HERE

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