# USD: Expect the strong trend to fade – Goldman Sachs — Octa

> Goldman Sachs FX strategists cut their 12-month forecast for trade-weighted dollar appreciation to 3.25% from 6.75%, arguing the dollar's strong trend is moving into its later stages. They cite overvaluation and firmer growth outside the US as reasons.

- Date: 2017-05-19 · published 2017-05-19T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/71188-usd-expect-the-strong-trend-to-fade-goldman-sachs-octa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker dollar outlook supports US commodity prices and export demand over time, while easing pressure on emerging-market currencies that affect feed import costs.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-08-31 | [EUR/USD: The broad trend is to the upside — Octa](https://feedsoft.ai/events/51829-eur-usd-the-broad-trend-is-to-the-upside-octa.md) | +0.1% | +1.4% |
| DXY | 2017-08-29 | [USD: Guided by the Fed’s expectations - BBH — Octa](https://feedsoft.ai/events/69639-usd-guided-by-the-fed-s-expectations-bbh-octa.md) | -0.3% | +0.5% |
| DXY | 2017-02-06 | [What’s behind the divergence between USD & nominal rate differentials? – Goldman Sachs — Octa](https://feedsoft.ai/events/72687-what-s-behind-the-divergence-between-usd-and-nominal-rate-differentials-goldman.md) | +0.5% | +0.7% |
| DXY | 2017-04-19 | [Goldman Sachs: We’re closing two of our long-dollar ‘top trades’](https://feedsoft.ai/events/71410-goldman-sachs-we-re-closing-two-of-our-long-dollar-top-trades.md) | +0.2% | -0.2% |
| DXY | 2025-04-30 | [Foreign demand for US assets will wane unless the dollar slides more: Goldman Sachs](https://feedsoft.ai/events/25324-foreign-demand-for-us-assets-will-wane-unless-the-dollar-slides-more-goldman.md) | -0.5% | -0.5% |

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/444199/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.