Current dynamics

On Monday, the Dollar fell sharply in the foreign exchange market. On Friday, Republicans withdrew their bill from Congress to abolish Obamacare, as it did not receive support among Congressmen. Among investors, fears have increased that the US president's administration will be able to implement the promised tax cuts and increase infrastructure costs.

The dollar index of the Wall Street Journal, which tracks the value of the US dollar against a basket of 16 currencies, fell 0.6% to 89.65, the lowest level since November 11. Earlier, the dollar actively grew in the market in anticipation that the new administration of the US president will resort to fiscal stimulus measures of the economy, increasing budget expenditures, and creating prerequisites for a faster increase in interest rates.