Europe has reached a very high level after five months since the German parties in the Bundestag reached an agreement on financial measures capable of strengthening fiscal revenues and stimulating growth in the largest economy in Europe. The dollar has traded around its lowest level in five months against major currencies in the dollar index, confirmed by the stable coalition in the trade policy of President Donald Trump and a number of weak economic data.
In the memorandum from Goldman Sachs analysts Dominick Wilson and Kamakshi Tiwari, it was noted that the first change represents a "revaluation" of American assets "in light of trade tariffs and political uncertainty".
"In the past month, the market has experienced two radical changes," the analysts stated.
