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Goldman Sachs de-dollarization warnings are actually predicting a multi-year US dollar decline right now, and the banking giant is acknowledging the global trend of de-dollarisation in ways that many investors haven’t fully grasped yet. Their Goldman Sachs US dollar downgrade Analysis reflects some pretty serious structural economic concerns that have been building up. At the time of writing, the US dollar index has been dropping about 10% since early 2025, and the Goldman Sachs dollar forecast suggests this weakness could actually persist for years to come. Also Read: BRICS Digital Currency, Safe Havens & FX Markets Shape Dollar Shift How Goldman Sachs Sees US Dollar Risks and De-Dollarization Trends Source: Watcher.Guru Goldman Sachs Identifies Structural Dollar Weaknesses The Goldman Sachs de-dollarization Analysis reveals some fundamental issues that are driving their bearish outlook right now. Their Goldman Sachs dollar forecast in 2025 points to America’s massive $1....

Former Goldman Sachs Chief Economist Jim O’Neill, who coined the abbreviation ‘BRICS’ in a Global Economic research paper in 2001, spoke about the upcoming common currency during an interview with Business Today. The 16th summit in Russia’s Kazan region ended on Thursday with several developments and announcements taking place at the gathering. Also Read: The Gloves Are Off: BRICS Is Officially Challenging the US Dollar The first development was a mock-up BRICS currency given to Vladimir Putin showcasing the need for a common tender. The alliance is looking to end reliance on the US dollar and settle payments in the common currency. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Also Read: Western Leaders React to BRICS 2024 Summit Former Goldman Sachs Economist Predicts the Future of BRICS Currency Source: Business Today TV The ex-Goldman Sachs Economist O’Neill, who coined the phrase BRICS is skeptical...

Bitcoin crossed above $61K in early Asian trading hours today as traders remain cautious ahead of the release of US CPI (Consumer Price Index) data and a recent filing shows Goldman Sachs holds positions in multiple BTC ETFS (exchange-traded funds). Since breaching $61K earlier today, BTC has pulled back to trade at $60,856.21 as of 3:20 a.m. EST. Despite this correction, the leading crypto is still up more than 2% over the past 24 hours. Traders Remain Cautious Ahead Of CPI Release Even though BTC was able to reclaim a position above $60K in the past trading session, several traders and trading funds remain cautious ahead of a busy data week.  “Investors remain cautious ahead of US CPI this week,” said QCP Capital in a Telegram broadcast. Traders will try to gauge if the US Federal Reserve will cut interest rates by 50 or 25 basis points in September, the crypto trading firm added. Currently, the odds of either happening are “evenly split,” accordin...