
Dollar Plunges: Fed's Next Move Fuels Biggest Drop Since 2017
The US dollar experienced its most significant annual decline since 2017 due to expectations of dovish monetary policy from the Federal Reserve, potentially including interest rate cuts under a new Fed Chair, diverging from other developed economies. This anticipated policy shift, coupled with increased bearish investor sentiment and rising strength in currencies like the euro, suggests further dollar weakness in the near future, highlighting the impact of central bank decisions on global currency markets.
















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