Looking for USD weakness next year, especially against commodity currencies
- See EUR/USD to 1.25 when the distribution of a COVID-19 vaccine or vaccines begins
- Cable to 1.36 as Brexit resolved but then falling away
- USD/JPY declining in 2021 but firming towards the end of next year as expectations of a Fed lift-off (in 2023) solidfy
- AUD/USD to 0.77
- NZD/USD to 0.74
- USD/CAD to 1.23