On Wednesday, the US dollar has updated the lowest level in eight months against the basket of other major currencies amid a delay in voting on medicare reform in the United States.
EUR/USD increased by 0.32% to a peak of 1.1375.
The dollar fell significantly after the Republican Party leaders in the US Senate decided to postpone the vote on the health care reform proposed by the Trump administration. Republicans faced the rejection of the proposed version of the reform by some of their party members.
Investors are concerned that the administration of the US president will not be able to implement initiatives on tax reform and increase spending on infrastructure projects if the bill on reforming the health care system is not passed at first.
Support for the euro remained after the ECB President Draghi said that the factors that had influenced the slowing of inflation in the euro area were mostly temporary and the ECB could not take them into account.
Draghi also said that the ECB's buyout program will gradually be curtailed according to the growth of the euro-zone economy.
These Draghi statements have increased the likelihood that the European Central Bank may soon begin to reduce the financial incentive program.
GBP/USD rate rose 0.23% to 1.2842.
USD/JPY increased by 0.23% to 112.08, and USD/CHF dropped 0.11% to 0.9593.
The Australian dollar has risen in price: AUD/USD rose 0.12% to 0.7592. The rate of the NZD/USD pair remained stable at the position of 0.7269.
USD/CAD fell 0.88% to 1.3083.
The US dollar index, which shows the purchasing power of the dollar to the trade-weighted basket of six major currencies, fell 0.32% to a new low in eight months at 95.873.
Market participants closely watch the statements of the Fed after the US central bank at the last meeting kept its forecast for another interest rate increase before the end of this year, despite a decline in inflation forecasts.