Dec 3, 2020

2021 May Be The Worst Year Ever For The U.S. Dollar

The U.S. dollar is now trading at its lowest level against the Swiss Franc (CHF) since January of 2015. This is a harbinger of things to come. The Swiss Franc is leading the way, but other currencies will soon follow. 2021 may be the worst year ever for the U.S. dollar, at least until 2022.

The euro is closing in on 1.21 verses the dollar, and the Dollar Index is close to breaking below 91, its lowest level since April of 2018, just 3% above a six-year low.

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