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Dollar's dominance to slowly melt away over coming year: Reuters poll
While there was a dire prognosis from the top U.S. medical expert on the coronavirus' spread, the June 25-July 1poll of over 70 analysts showed weak dollar projections as Fed Chair Jerome Powell on Monday reiterated the economic outlook for the world's largest economy was uncertain. "The dollar rises in two instances: when you see risk off or when there is a situation where the U.S. is leading the global recovery, and we don't think that's going to be the case anytime soon," said Gavin Friend, senior FX strategist at NAB Group in London.
https://finance.yahoo.com/news/dollars-dominance-slowly-melt-away-014536255.html?.tsrc=rss
While there was a dire prognosis from the top U.S. medical expert on the coronavirus' spread, the June 25-July 1poll of over 70 analysts showed weak dollar projections as Fed Chair Jerome Powell on Monday reiterated the economic outlook for the world's largest economy was uncertain. "The dollar rises in two instances: when you see risk off or when there is a situation where the U.S. is leading the global recovery, and we don't think that's going to be the case anytime soon," said Gavin Friend, senior FX strategist at NAB Group in London.
https://finance.yahoo.com/news/dollars-dominance-slowly-melt-away-014536255.html?.tsrc=rss