The us dollar continues to decline

31.07.2020 15:11
The us dollar is in the spotlight as the us currency weakens against the currencies of the G10 countries. Low rates in the US, increasing political tensions in the US and the struggle to build consensus on the next round of financial incentives, and the closing of the market affected confidence, and this was the reason for the fall of the dollar.  Although ANZ Bank economists agree that there is some risk that the dollar will weaken slightly this year.

Many see that the multi-year decline in the US dollar has begun, and the long-term bear market is about to begin to dominate.We are less confident about this, but we see weakness in the near term.

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