Goldman Sachs CEO: Reducing holdings of the US dollar is only a "surplus outflow of funds", investors are returning to neutrality rather than "large-scale selling".

Goldman Sachs President John Waldron stated that recent investor selling of US dollar assets shows that they are returning to a more neutral position on the dollar, rather than engaging in a large-scale "exodus" from the currency. Waldron said that some investors have returned to a more neutral stance, holding "10%, 20%, 30% more US dollar assets than they did before."