Investors are losing interest to buy the US dollar. The US dollar index closed the session near 95.00 during the New York session. Buyers were discouraged by the comments from Raphael Bostic, the CEO of Federal Reserve Bank of Atlanta. He remarked that we don't have an economic situation for a gradual rate hike. The President of the Federal Reserve Bank of St. Louis, James Bullard highlighted the need to slow down the pace of monetary policy tightening. The New York times published an article about the possibility that Trump could be impeached by his cabinet ministers. The uncertainty surrounding the White House administration persists, since the election of the 45th President of the United States. Only the count of his opponents increased by the protectionist rhetoric of Trump.
Analysts expect a slowdown in the US and global growth due to the escalating trade war between the US and China. This has lead to the strengthening of the