U.S. Dollar to Weaken Into 2021, Says Julio Callegari of JPMorgan Asset Management – Bloomberg

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Open Close 00:00 Are you guys still broadly positioned for a weaker dollar.Hi David. Thank you for having me again. Yes we still are buyers for a weakening dollar particularly as we move into 2021.Basically we think that we have the key elements for some dollar weakness first. […] But it’s probably what we are going to see is more a catch up in the currencies thatare lagging. […] We see for example the way we like to see is look at the sea fats basket because wethink that’s more important for Chinese authorities.

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