The dollar fell after the speech of the head of the US Federal Reserve

As noted, the euro against the dollar rose to 1.1253 dollars per euro.

At the same time, the dollar index (the dollar exchange rate to the basket of currencies of six major US trading partners) decreased by 0.34%.

According to the agency, Powell’s wound expressed concern about the uncertainty surrounding trade conflicts.

It is emphasized that the words of the Fed chairman have strengthened the confidence of markets in lowering the rate at the next meeting of the regulator.

Earlier, the leading analyst of FinIst, Andrey Perekalsky, in an interview with Rossiyskaya Gazeta, spoke about the reasons for the strengthening of the ruble, especially against the US dollar.