Dollar Risks Sharp Fall Into Year-End, These Five Charts Show
Greenback at Risk of Sharp Year-End Drop to Cap a Miserable 2020 Bloomberg 12/22/2020 Michael G. Wilson (Bloomberg) -- The dollar is heading into the year-end vulnerable to a sharp extension of the bear run that’s shaped global currency markets since March. Long-term trends on technical charts stretching back over the past decade reveal multiple trigger points that could see the greenback shoot lower against a host of key currencies. Poor liquidity, lightly-staffed trading desks, defensive price-making engines and reduced seasonal demand add to the potential for outsized m...
Source: msn.com