US Dollar 1Q 2021 Forecast: Safe Haven Status Versus Fading Growth Position 2020-12-31 16:00:00 John Kicklighter, Chief Strategist US Dollar Fundamental Forecast Talking Points: Through the final quarter of the 2020 (up until December 18th), the Dollar dropped against the majors between 7.5% in NZDUSD and 2.2% with USDJPY Prominent themes like the Covid-19 spread and vaccine as well as stimulus debates have weighed the Dollar but older matters like trade are likely to also return Ultimately, the state of risk appetite is the top qualifier for USD direction and intensity with the Greenback’s safe haven status ready to go to work Advertisement