Goldman Sachs expects the dollar to fall against Asian currencies due to factors such as diversified investments.

Goldman Sachs said that after recent progress in trade negotiations, the trend of the US dollar/Asian currencies may still be downward. Goldman Sachs also said that the trend of diversifying investments away from US assets should continue. After years of accumulating US dollars, Asian exporters are likely to continue converting their USD holdings into local currencies. If Asian countries engage in trade negotiations with the US, regional currencies may find it more difficult to depreciate.