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US Dollar 1Q 2021 Forecast: Safe Haven Status Versus Fading Growth Position

From dailyfx.com

The US Dollar was staring down the barrel of a more prolific bearish trend heading into the close of 2020. Fundamentally, the slide in prominence for the Greenback reflects upon uneven growth and stimulus efforts, years of building isolationism and many investors around the world casting aside havens as even mere hedges were deemed to be too much of a burden on returns. In this shift, the very role of the most liquid currency in the financial system is at risk of further systemic alteration. Yet, that slide in international prominence would depend in part on steadfast themes carrying over from 2020 into 2021. There ... (full story)

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  • Category: Fundamental Analysis