Will the Fed remove the smile from the dollar’s face?

Federal reserve continues pouring dollars into the world’s financial system

The coronavirus made Washington give up on the motto “America first!”. The Fed announced the establishment of the financial mechanism that will allow foreign central banks to receive dollars for temporary use in exchange for the US treasury bonds they hold. Donald Trump is about to announce a 90-day suspension of tariff payments. He still claims that China pays the tariffs, however, the collective letter from more than 100 executives of major US corporations states the use of trade barriers amid a pandemic aggravates a recession and reduces employment. 

According…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>