The USD stumbled on Thursday to 3 month low, battered not only by illiquid pre-Easter trade risk appetite, but also by continuous lowering rates . The US president reported lately that the US . Economy will be staggering and even stagnating should government spending be enhanced excessively.
Unlike the USD being the “ ugly dog” among a major basket of currencies, the Euro is still considered a powerhouse despite lingering debt restructuring problems in Europe’s weakest economies : Greece after Portugal and Ireland .”