The dollar’s supremacy of well over two years has turned sharply and the current downward trend will continue into next year on expectations the U.S. economic recovery is flagging, especially compared to Europe, buttressing the euro, a Reuters poll showed. A surge in coronavirus cases across several U.S. states and some data pointing to an economic recovery losing steam pushed the dollar index down 4.1% in July, its biggest monthly percentage fall in a decade. …read more
Source:: Yahoo Finance
