Wall Street remains split on the U.S. dollar’s trajectory ahead of pivotal economic data this week, according to Benzinga. Wells Fargo expects a short-term rebound, calling recent weakness “tactical,” not structural, and projects trend strength through 2026. The bank attributed dollar weakness to temporary U.S. policy uncertainty and tariff volatility, but maintained that this does not reflect a long-term shift away from U.S. assets. Goldman Sachs anticipates continued declines, pointing to waning demand for unhedged U.S. assets and a broader structural reallocation. Upcoming reports on GDP, inflation, and jobs could validate either view.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Wall Street remains split on the U.S. dollar's trajectory ahead of pivotal economic data this week, according to Benzinga.
00:08Wells Fargo expects a short-term rebound, calling recent weakness technical, not structural, and projects trend strength through 2026.
00:15The bank attributed dollar weakness to temporary U.S. policy uncertainty and tariff volatility,
00:20but maintaining this does not reflect a long-term shift away from U.S. assets.
00:24Goldman Sachs anticipates continued declines, pointing to waning demand for unhinged U.S. assets and a broader structural reallocation.
00:32Upcoming reports on GDP, inflation, and jobs could validate either view.
00:37For all things money, visit Benzinga.com slash GSTV.