A JPM analyst says the dollar's performance will be 'divergent ahead'

  • sees a 'noisy trading rage' for EUR/USD and USD/JPY
  • but outperformance for AUD/USD and for CAD against the USD
  • says a weaker USD makes it more attractive for inflows though

Citing:

  • substantial deterioration in the US current account, fiscal position
  • sees US economy outperforming

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A bit of a two-way bet it seems.