At the same time, the success of western pharmaceutical companies influenced market sentiment, especially on Forex. The US dollar was the first currency that reacted to the news. A sharp rise in risk sentiment led to the depreciation of the greenback. The Dollar Spot Index, which tracks the performance of a basket of 10 global currencies, including the major ones, against the US dollar, declined by 0.2%. At the same time, the yield on the benchmark 10-year Treasury note climbed to 0.86%.

Most analysts predict a gloomy future for the US dollar. Washington has already set the approximate date when the mass vaccination will begin. Thus, the vaccination program could be launched in the first half of December 2020. This means that investors are likely to lose their interest in the US dollar as a safe-haven currency.