The US Dollar is once again recording losses to other major currencies, especially in the case of the traditional safe haven Yen, which traded at 107.27 versus the greenback during the early part of Thursday’s session. Despite a splutter of positive US data released on Wednesday, which once again showed that the American economy remains strong and triggered something of a Dollar rally, today the greenback is once again under pressure as the markets, spooked by the potential impact of the coronavirus on global economic growth, eye further easing action by the Fed in the not-too-distant future.
