Despite an improvement in market sentiment, the Dollar Index continues to hover close to its highest level in two months during early Monday trading. Figures recently published indicate the continuation of the economic recovery in China, which stimulated investors’ risk appetite, with the major stock indexes all trading in the green. However, due to concerns about the second wave of the coronavirus in Europe and the impact the worsening of the situation is likely to have on the economy coupled with Brexit-related tensions once again building up, downside risk persists for both the Euro and sterling in relation to the Dollar.
