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According to a Wall Street Journal article from December 2020 (not required reading) analysts forecast 6% decline over the next 12 months in the value

According to a Wall Street Journal article from December 2020 (not required reading) analysts forecast 6% decline over the next 12 months in the value of the dollar. All else equal, which of the following could lead to such a prediction?

  1. None of the other answers are correct.

2. Increased investment opportunities outside of the US.

3. An increase in real interest rates in the US.

4. All of the other answers are correct.

5. Decreased US inflation.

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