The US dollar has fallen in price because of the scandal about the relations between the Trump'' administration and Russia
Today, during the Asian session, the US dollar index has decreased by 0.07% to 102,09 due to the weighted average of a six major currencies basket. The American currency decline happened on the background of a scandal associated with the Donald Trump’ administration. Yesterday, Attorney General Jeff Sessions was accused of withholding information about the meetings with Russian Ambassador in USA Sergey Kislyak, which were held in July and September last year.
The charges were made by the leader of the Democrats Nancy Pelosi. She stated that Jeff Sessions was lying under oath and demanded the Attorney General dismissal from the FBI investigation, which is intended to establish the degree of Kremlin influence to the presidential elections in the United States. In response, the White House officials denied the accusations, saying that it was a Democrats attempt to discredit the Trump administration.
The US dollar depreciation has allowed to slightly recover the oil prices. By 9:35 GMT, the Brent oil rose by 0.18% to $55,18, and the WTI contracts cost increased by 0.19% to $52,71.