The dollar falls on expectations of a decline in the base US rates

The dollar is falling against major currencies this morning. At 10:35 am the index to the basket of currencies fell by 0.1% to 98.847 points. Euro rose in price against the US dollar by 0.31% to $ 1.09. Market sentiment contributes to the fall - more and more players are inclined to believe that the Fed will lower the base rate in March by 25 points. The results of the CME Group research showed that this the point of view is already shared by more than 45% of experts. Their number has risen sharply from 27%, reports the agency "Prime". Is that the rate will be reduced in April, more than 50% of respondents are sure, 28% two 25-point declines are expected by this time. Meanwhile, the dollar continues to be viewed as safe haven currency amid the coronavirus situation. Its index is from January showed an increase of 3.5%. Reliable is usually considered and the Japanese yen, but now this status has been violated due to the large-scale spread of the disease in Japan.