Goldman Sachs: US dollar slump is over

In an interview with Bloomberg Radio, Goldman Sachs’s New York-based chief currency strategist, Robin Brooks, noted the US dollar downtrend is over.

Key Quotes:

We remain dollar bullish and think the trajectory is higher from here

The reaction on Friday to a meaningfully weaker-than-expected payrolls was telling: We had a disappointing jobs number and the dollar actually bounced.