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Goldman Sachs: Biden win could accelerate dollar’s drop

Blue wave would accelerate the trend

From FoxBusiness.com….

A 2020 election win by former Vice President Joe Biden could speed up the U.S. dollar’s decline, according to Goldman Sachs.

The U.S. dollar has slumped 2.75% this year versus a basket of currencies, according to Dow Jones Market Data, in the wake of unprecedented action taken by both the Federal Reserve and Congress to cushion the economy from its sharpest slowdown of the post-World War II era.

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