US | US Dollar to regain some luster in 2021
While many commentators have been calling for a US dollar collapse, we believe the greenback will have a lot of staying power in 2021. In the wake of
extra-ordinary fiscal stimulus, favorable growth and interest rate differentials
should support a 3% year-over-year dollar appreciation by December 2021.
What you will learn about:
- After a predictable appreciation on safe haven flows and US dollar liquidity shortages in the early phase of the Covid crisis, the dollar fell back appreciably against emerging markets and advanced economies’ currencies.
- This unwind reflected less favorable growth and monetary policy differentials, along with reduced political uncertainty after the presidential election and a risk-on trade.
- We believe the third Covid phase will be one of nuance for the US dollar.
Tags:
Related Services
Post
Maintenance in Australia: 2023 Edition | Executive Summary
Australia’s maintenance market is estimated to have increased to $53.5bn in FY22, driven by road rehabilitation following flooding along the east coast of Australia. Road maintenance expenditure will continue to be supported over the near-term by Federal and State government programs. Mining maintenance spending will be buoyed by elevated commodity prices, and increased maintenance requirements on recently built LNG facilities.
Find Out More
Post
Australia: Roadblocks cleared for build-to-rent in Australia
The pipeline of build-to-rent (BTR) developments across Australia continues to swell, with our project tracking currently capturing a pipeline of circa 45,000 announced units. Around 5,900 units have broken ground in FY2023, with a further 15,000 geared to commence across FY2024 and FY2025.
Find Out More