The US Dollar continues to lose ground as Q1 GDP shows a contraction of 0.5%. This economic news, coupled with uncertainty regarding the Federal Reserve’s policy decisions, has heightened dovish expectations among traders. Consequently, both EUR/USD and GBP/USD have begun to rally amid shifting market sentiments. Investors might seek insights on how these developments could shape forex trading strategies in the upcoming days. Understanding how economic indicators influence currency valuations becomes vital as traders position themselves for potential swings. With this continual evolution, how will the US Dollar navigate these challenges?