The Dollar’s losing streak versus other major currencies has carried on into early Thursday trading. The greenback, the go-to currency during the darkest moments of 2020, is no longer in such high demand, as investors are increasingly optimistic about the vaccines and the prospect of political consensus in Washington enabling the release of a much-needed economic stimulus package. On the other hand, the Euro appears to be one of the main beneficiaries of the increase in risk appetite. The single currency is up by more than 1.5% versus the Dollar so far this month, despite most analysts expecting the ECB to announce an increase in asset purchasing during December.
