Those in the currency trading markets are watching with something akin to panic as the dollar slides ever lower against a wide range of global currencies. Analysts are suggesting that these market conditions mark the end of a move, but still, risk control remains a primary concern. With the euro performing at a year high of $1.4850, analysts warn the euro may be on the way back down after its exceptional performance over the past few days and a bearish pattern is likely to emerge.

The well performing British pound is holding at 1.6573, but investors may take a bearish bias here, too, as such a steep drop for the dollar is not expected to last long especially in light of the Federal Reserve’s upcoming monetary policy meeting and what Washington is expected to ask of global economic leaders at the latest G20 Summit.

Since the Fed is expected to disclose a very loose monetary for the coming year, many traders have taken to selling off their dollar holdings for the time being, especially those focused on the short term in foreign exchange. However, a certain breed of investor will also be buying up dollars at this current low point since analysts are predicting that they will rise once again in the long term given the dollar’s strong history as a world currency.