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Goldman Sachs: The volatility of the US dollar exceeds that of the S&P 500 and is losing its safe-haven properties.
[Goldman Sachs: Dollar Fluctuation Exceeds S&P 500, Losing Safe-Haven Properties] Goldman Sachs stated that the fluctuation of the dollar has surpassed that of the S&P 500 index, a rare phenomenon indicating that the dollar is transitioning from a traditional safe-haven asset to a risk asset. Policy uncertainty and fiscal concerns have caused the dollar to decline in sync with U.S. stocks, breaking the previous inverse correlation.