Search Results for: USD

Decomposition of YTD Return in USD Global diversification paid off in 2025 as most major non‑U.S. markets outperformed U.S. equities. Image: Goldman Sachs Global Investment Research

Median Global Real Return in USD by Asset Class While the 60/40 portfolio can’t match stocks in full bull mode, its long-run performance comes surprisingly close — a reminder that bonds still ground both risk and reward in a disciplined portfolio. Image: Deutsche Bank

Euro to U.S. Dollar (EUR/USD) The euro has shown strength this week, but caution is warranted. Potential shifts in U.S. trade policy under Trump and ongoing economic disparities continue to give the dollar an edge. Image: Bloomberg

Euro to U.S. Dollar (EUR/USD) The euro has dropped to a two-year low against the dollar due to concerns over a weak European economy, exacerbated by U.S. tariffs and anticipated interest rate cuts by the European Central Bank amid political instability. Image: Bloomberg

Euro to U.S. Dollar (EUR/USD) Goldman Sachs holds a pessimistic view on the EUR/USD currency pair, indicating that the euro is expected to depreciate against the U.S. dollar over the next 3 to 6 months. Image: Goldman Sachs Global Investment Research

High-Yield (HY) Spread USD Goldman Sachs forecasts a favorable high-yield bond market over the next 12 months, anticipating tighter spreads as a result of robust economic conditions and optimistic investor sentiment. Image: Goldman Sachs Global Investment Research

U.S. Dollar to Japanese Yen (USD/JPY) Goldman Sachs has updated its projections for the USD/JPY exchange rate, anticipating the US dollar to reach 155 yen in three months, 155 yen in six months, and 150 yen in 12 months. Image: Goldman Sachs Global Investment Research

U.S. Dollar vs. Japanese Yen (USD/JPY) When yields on U.S. Treasury bonds are higher than those on Japanese government bonds, it can lead to a weakening of the Japanese yen relative to the U.S. dollar. Image: BCA Research

Euro to U.S. Dollar (EUR/USD) The euro’s decrease in value relative to the U.S. dollar seems to be a result of underlying structural factors. Image: Gavekal, Macrobond

S&P 500 Total Return vs. USD Liquidity Proxy The U.S. liquidity outlook will be a headwind for U.S. stocks in the coming quarters. Image: Steno Research

Gold – Beta of USD/xxx to Equity Market Volatility Related to Government Spending Gold has been a very good hedge against debt ceiling worries in the past. Image: Deutsche Bank