Goldman Sachs: Global rate cut cycle bullish for the US dollar

Goldman Sachs analyst Isabella Rosenberg stated that the downside risk of the US dollar from the Fed rate cut is limited, as other central banks are also easing policies. She pointed out that global synchronized rate cuts are usually associated with a stronger US dollar. Despite market expectations for a Fed rate cut, US interest rates remain relatively high, which has dampened the motivation to sell the US dollar. Global coordinated rate cuts may reflect concerns about economic growth, thereby boosting the US dollar