US dollar to fall after Tuesday's US mid-term elections – JP Morgan

In an interview with Bloomberg, JP Morgan Strategist in Singapore, Jasslyn Yeo, spoke about the way forward for the US dollar after the US mid-term elections.

Key Headlines:

US dollar to fall after Tuesday's elections.

Likelihood of a divided Congress to hinder reform.

Crowded long USD trade.

The yield on USTs will not rise so quickly as they have done.

The USD to recover in 2019 due to continued Fed rate hikes.