The US Dollar continues to lose ground to other major currencies, dropping to $1.17 against the Euro for the first time since September 2018. A sense of anticipation is growing amongst investors that the Fed could adopt an even more dovish monetary policy. With several American states struggling to contain a resurgence of the coronavirus and a swift economic recovery looking increasingly less likely, many market operators now expect the Federal Reserve to provide an outlook entailing further easing measures when it meets later this week.
