Goldman Sachs: Global Superpowers May Ditch US Dollar For These 3 Currencies
The US dollar is currently losing its grip as the rapidly changing financial landscape continues to challenge the USD. The American currency is currently experiencing a sharp decline in its popularity, with global superpower nations exploring viable US dollar alternatives to ramp up their investments. The global central banks are looking forward to diversifying their assets after documenting the dollar’s disappointing performance as of late. Several leading entities, including Goldman Sachs and Deutsche Bank, have predicted the US dollar will fall, as the American currency is poised to decline further, battered by the changing geopolitical regimes. Goldman Sachs has once again come up with a new prediction claiming how global nations may opt for these currencies instead of investing in the waning US dollar. Also Read: Goldman Sachs Bearish on Oil Prices: Predicts Fall to $60 a Barrel Goldman Sachs Currency Picks 1. South Korean Won (SKW) Source: Shutterstock The South Korean won i...