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Photo by Alex Bierman
Currently trading above $1.1270 to the Euro, the Dollar continues on a steady decline against most major currencies, following increasingly loud signs from the Fed that a rate cut may be the next step for the American central bank.
This sentiment gathered even more momentum after Jerome Powell’s declaration on Tuesday, hinting at the possibility of doing the necessary to sustain the expansion in the face of downside risks arising from trade tensions and slow economic growth.
