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Find all the economic and financial information on our Orishas Direct application to download on Play StoreUnder the wind of the decline and in view of the reading of the particularly cautious outlook for this year 2021, the dollar is struggling to regain its hegemony.
The rapid and intense responses of central banks and tax authorities to the pandemic have largely contributed to the dollar's trend reversal. Faced with the determined policies of the authorities, throughout the planet, the demand for dollars has logically calmed down.
Due to the Fed's commitment to a sustainable accommodative policy, the euro rose against the dollar last year. But, with the implementation of the new US plan, the more generous Congress is, the more downside risk to the dollar will persist.
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