# Why the US dollar is likely to stay ‘stronger for longer’ | Goldman Sachs

> Goldman Sachs Research expects the US dollar to hold its 2024 gains and stay at roughly the same level against G10 peers over the next 12 months. The forecast cites continued US growth and limited global macro divergence. Analysts expect any erosion in dollar valuation to be gradual.

- Date: 2024-06-06 · published 2024-06-06T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/8480-why-the-us-dollar-is-likely-to-stay-stronger-for-longer-goldman-sachs
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A persistently strong dollar keeps dollar-priced feed and grain imports expensive for non-US buyers. The forecast implies no near-term relief from currency-driven pressure.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-15 | [Is the US Dollar Too Strong? \| Goldman Sachs](https://feedsoft.ai/events/39759-is-the-us-dollar-too-strong-goldman-sachs.md) | +1.0% | +2.6% |
| DXY | 2023-05-30 | [US dollar set to be stronger for longer - The Business Times](https://feedsoft.ai/events/36141-us-dollar-set-to-be-stronger-for-longer-the-business-times.md) | -0.5% | -1.4% |
| DXY | 2023-06-01 | [Why is the US dollar so strong again?](https://feedsoft.ai/events/35846-why-is-the-us-dollar-so-strong-again.md) | -0.9% | -1.2% |
| DXY | 2025-01-14 | [Daily: US dollar: Stronger for longer? \| UBS Global](https://feedsoft.ai/events/26704-daily-us-dollar-stronger-for-longer-ubs-global.md) | -1.3% | -1.2% |
| DXY | 2022-09-28 | [Why is the US dollar so strong, and what does it mean?](https://feedsoft.ai/events/10320-why-is-the-us-dollar-so-strong-and-what-does-it-mean.md) | -1.8% | -1.5% |

## Sources

- goldmansachs.com: https://www.goldmansachs.com/insights/articles/why-the-dollar-is-likely-to-stay-stronger-longer

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