USD unlikely to depreciate significantly, but if it does, it'll be due to the Euro : BNY Mellon Mkt

In a wide-ranging interview with Squawk Box Asia, John Velis of BNY Mellon Markets talks about the ongoing deadlock in Washington over federal aid packages, U.S. Treasurys and USD depreciation. He foresees a big pickup in demand for U.S. Treasurys and a fairly stable USD, saying the only catalyst for USD devaluation would be a massive upswing in another major currency, with the Euro the most likely contender.
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Wed, May 20 202012:13 AM EST