Citibank global macro forecasts: USD slump to continue

I’ve just been reading a short synopsis of Citibank’s global macro strategic forecasts which in brief says;

• The USD is likely to continue to trend lower in the short to medium term
• EUR will be the big winner due to reserve diversification
• JPY will also gain significantly against the USD
• Sterling will suffer relative to the others on the back of continued easy monetary policy
• EUR/GBP will challenge parity
• AUD/USD will also reach parity as will USD/CAD