
“The Outlook Is Quite Dim” – Goldman Reiterates “Fuck It” Call On Dollar As Russians Take Over White House
A week ago, we ran a post called "3 Weeks Later, Goldman Thinks 'Fuck It' Probably Still Best Way To Think About USD."
A couple of people apparently didn't like our title. Can you guess what our response to those people was? If you need a hint, read that title again.
Anyway, the point was that after closing out two of their top long USD trades earlier this year (long USD versus EUR and GBP, and long USD/CNY via the 12-month NDFs), the bank moved to "dial down" their outlook for the greenback