The DXY index will likely record a -6% fall in 2020, the first decline in 3 years. Although US economic recovery should lend support to the dollar, exceptionally accommodative monetary policy, widening deficit (exacerbated by the new round of fiscal stimulus) and reduced demand for safe-haven asset should keep US dollar weak in the coming […]
The post US Dollar to Weaken Further Gradually in 2021 appeared first on Action Forex.
The FOMC meeting in the coming week will not bring any change in the monetary policy. Economic activities have moderated since the December meeting, while…
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