The US dollar exchange rate against six major world currencies continues to grow steadily.
BCS World of Investments analyst Denis Buivolov named the main reasons for the dollar’s activation.
The popularity of the dollar in the world is connected with two main reasons, writes the agency "Prime" .
First, the market is reacting to the lack of interest rate cuts by the Fed.
Tensions in the Middle East are also having an impact.
Secondly, a significant factor determining the position of the dollar on the world market is the presidential elections in the United States.
The analyst believes that if Trump wins, the dollar could strengthen even more.
With the disappearance of geopolitical uncertainty and the continuation of high interest rates, the dollar exchange rate may be adjusted.
Buivolov believes that there is a high probability that the dollar exchange rate will remain above 100 points.
