The dollar is getting cheaper at record rates. For the first month of the year its cost decreased by 3%. This with the American currency did not happen since January 1987. , that is more than 30 years. The US authorities are trying to slow down the rate by all means, but for the time being they do not get much. Dollar prices fell to the lowest in four years, according to CNBC. Traders with a sinking heart are waiting for the outcome of the meeting of the Federal Reserve System (FRS) of the United States. Its results will be announced tonight. The absolute majority of analysts are confident that the rate will remain at the current level of 1.25-1.5% per annum. Specialists are interested in further plans of the regulator to raise the rate, since this in theory can become one of the factors strengthening the national currency. At the end of the December meeting, most members of the open market committee of the Fed predicted three increases in the base rate in 2018. , so that the safety factor of the dollar is. Meanwhile, a number of experts believe that markets no longer consider raising rates as a factor in strengthening the dollar, since expectations have already been taken into account in the current course. To save the national currency was thrown heavy artillery in the form of US President Donald Trump. In his speech before the Congress, he paid special attention to internal issues, in particular, the restoration of the economy. The head of state announced his intention to update the infrastructure and urged lawmakers to prepare an act that would provide at least $ 1.5 trillion in infrastructure investments. Trump also noted a significant increase in economic performance and promised that, starting in May, Americans will bring home more money, because they have less to spend on taxes. However, the reaction of exchanges to these statements was zero: the dollar did not stabilize. Rapid devaluation of the dollar sowed panic in the markets. Many investors get rid of the US currency, which, by the principle of dominoes, can finally finish off the American currency.
"We continue to see a large-scale weakening of the dollar, and this may also be due to risk aversion in the markets," said Commerzbank strategist Esther Reichelt. The other day, US Treasury Secretary Steve Munchin said that the weak dollar does not frighten him. However, later he explained that a strong currency corresponds to the long-term interests of the country. About the same says Donald Trump, who, for the sake of strengthening the national currency is ready to put an end to his election promises to reduce the US public debt.