Expectations of soft monetary policy in the US are weakening the dollar. Yields on two-year Treasury bonds have fallen to one-and-a-half-month lows. Investors expect that price gains may be contained, especially amid a pause in global conflicts. In addition, United States President Trump has increased pressure on the Federal Reserve, insisting on cutting the key rate by 2-3 percentage points. His statements came before the speech of the head of the Fed Jerome Powell in the Senate. Powell, in turn, points to the risk of accelerating inflation due to the increase in duties.The weakening of the dollar led to the growth of EUR/USD to the recent maximum. Quotes began to grow, finding support when approaching the area we mentioned earlier: 1.1370-1.1450.Today, the attention of trading participants will again be focused on the statements of the head of the Fed, during the second day of speeches.