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Currency: The wind of decline is blowing on the dollar

18/02/2021
Categories: Economy/Forex

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With the wind of a downturn and considering the particularly cautious outlook for 2021, the dollar is struggling to regain its hegemony.

The rapid and intense interventions of central banks and tax authorities in the face of the pandemic have largely contributed to the reversal of the dollar. Faced with the determined policies of the authorities, throughout the world, demand for dollars has logically subsided.
As a result of the Fed's commitment to a sustainable accommodative policy, the euro rose against the dollar last year. But with the implementation of the new American plan, the more generous Congress is, the more the risk of a fall in the dollar will persist

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