Dollar falling due to Fed stimulus measures

25 March, 2020

The dollar fell on Tuesday: tough financing conditions eased somewhat after the US Federal Reserve did its best to provide much-needed dollar liquidity.

On Monday, the Fed announced unlimited quantitative easing and credit market support programs in a decisive attempt to support an economy struggling with extreme trade restrictions to fight coronavirus.

We can confidently say that we are out of the phase when all assets (stocks, bonds and gold) were sold. Now the situation resembles a controlled fall.


Source  
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