The Citibank analysts expect the US Dollar to depreciate 3%-4% in 6-12 months: “As the Trump fiscal stimulus fades in terms of the delta to economic activity, we think long term yields have likely peaked, the spot US curve will continue to flatten, which may undermine the USD.” “More medium term, as yield spreads fall, FX depreciation likely continues. In our forecasts, as US developments become less US Dollar positive, policy elsewhere may support other currencies.” “Our point forecasts show the US Dollar around flat vs. G10 over the next 3 months and around 3-4% weaker over 6-12 month.” “Positive factors: In the event of severe risk-off in markets, USD may resume its safe-haven status, which may support the USD.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Elliott wave Analysis: USDMXN and CADJPY Update Gregor Horvat 3 years The Citibank analysts expect the US Dollar to depreciate 3%-4% in 6-12 months: "As the Trump fiscal stimulus fades in terms of the delta to economic activity, we think long term yields have likely peaked, the spot US curve will continue to flatten, which may undermine the USD." "More medium term, as yield spreads fall, FX depreciation likely continues. In our forecasts, as US developments become less US Dollar positive, policy elsewhere may support other currencies." "Our point forecasts show the US Dollar around flat vs. G10 over the next 3 months and around 3-4% weaker over 6-12 month."… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
