Goldman Sachs: If the Federal Reserve (FED) shifts to a more dovish stance, the dollar may weaken across the board.

According to Mars Finance news, Goldman Sachs' latest research report points out that if the Federal Reserve shifts to a more dovish stance, four market scenarios will emerge: pure dovish policy shock, decline in growth expectations, coexistence of dovishness and growth decline, and dovishness alongside growth rise. Analysis shows that the downward trend of U.S. Treasury yields, the strengthening of Euro/Yen/Swiss Franc, and the rise of gold are the most stable trends in each scenario, while the performance of U.S. stocks is highly dependent on growth prospects. The "dovish + growth rise" scenario is most favorable for risk assets, but if summer employment and inflation data worsen, it may reignite growth concerns. The market has begun to price in the Federal Reserve's easing policy, but subsequent trends will highly depend on economic data performance.