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Currency
Firm
Author
Type
Currency
January 2026
2026 Global FX Outlook: Different Dollar Downside
Goldman Sachs
Research
46 Pages
Goldman Sachs outlines why the US dollar may drift lower in 2026 as global growth and returns become more balanced.
Global Macroeconomics
August 2025
The unstoppable dollar meets the immovable Mr Trump
Ninety One
Sahil Mahtani
Research
23 Pages
Ninety One assesses whether structural shifts—including rising twin deficits, fiscal unpredictability, global geopolitical rebalancing, and eroding U.S. rate advantages—could finally reverse a decades-long U.S. dollar up‑cycle.
Global Macroeconomics
June 2025
Mapping the World’s Prices – 2025
Deutsche Bank
Jim Reid
Research
58 Pages
Deutsche Bank has a fun look at the world’s cheapest and most expensive cities, covering the quality of life, rental costs and prices for phones, coffee, taxis and more in 69 cities.
Global Macroeconomics
June 2025
The US Dollar and Why International Stocks are Outperforming YTD
Johnson Financial Group
Drake Dorfner
Research
7 Pages
Johnson Financial Group explains that the US dollar’s sharp depreciation in 2025 has significantly boosted the relative performance of foreign equities for US investors, as currency effects can outweigh underlying stock movement.
Global Macroeconomics
October 2022
35-Year Highs for the Dollar
GMO
Ben Inker
Research
10 Pages
GMO explains why an overvalued U.S. dollar can quietly drag on U.S. equities while boosting markets with cheaper currencies.