US dollar will fall or not in Year 2021 ?

With the end of 2020, many institutions have given their own forecasts on the trend of the US dollar in 2021, but there are many differences between them. On November 19, Goldman Sachs pointed out that the US dollar is overvalued by about 10% and is likely to fall by 6.0% in the next year. The reasons include the Fed's interest rate cut expectation and the improvement of global macroeconomic outlook. However, dansk bank believes that the US dollar should beat the market in 2021 because the US Federal Reserve is more hawkish than expected and the US may attract capital to benefit the US dollar.

Goldman Sachs predicts that the US dollar will continue to decline, and may fall another 6% in the next year.