Investment Banking Major Jeffries Notes ‘US dollar Now On A Long-Term Downward Path’
The US dollar is likely to be entered in a long-term downtrend due to present political, and economic landscape which indicates a weaker dollar, as per a Jeffries report. According to the investment banking and financial services major’s report in December 24, 2024, the U.S entered an all-time high of 67.2 per cent share in