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Currencies: Landslide
According to our team, there is little doubt to be seen in the downward trend of the US dollar in 2021. This will have a considerable impact on the composition of the Forex: currencies pegged to the dollar could question their strategy, the number of swap agreements with the Yuan could increase, new currencies will appear (such as the Aber – a regional digital currency in the Middle East) … One should be prepared for major upheavals on the currencies front in 2021… even if, in the coming weeks, the likely announcement of the adoption of the American stimulus plan should see the greenback rebound.
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