Down, Down, Down, Dollar’s Going Down
The U.S. dollar index slipped 0.3% to 89.51. This is the lowest level since April 2018 (MarketWatch)
The greenback fell more than 6% in 2020, weakening as global financial conditions improved. The U.S. Federal Reserve has cut interest rates to nearly zero, expanded bond purchases and established a number of different programs to support credit.