The index of the US dollar towards the maximum monthly decrease in the period from April of yes - investors do not expect another rate hike of the Fed, at least until the spring of next year.
This month, the US currency fell 1.8 percent as the likelihood that the Federal Reserve will raise interest rates in April next year, is 52 percent, according to data compiled by Bloomberg. Australian dollar shows growth the third day in a row - the prospects for further stimulus in China have pushed for increased metal prices.
The US Dollar Index - shows the attitude of the US currency against six major currencies - as of 6:48 am in London was 98,440. During the past three months the index rose by 4.5 percent and reached the highest level since April 2003, 100.51. The US dollar against the euro was $ 1.0917 and against the yen - ¥ 121.21.
Recall December 16, the Fed raised rates for the first time in nearly ten years. The next meeting of the central bank's monetary policy will take place on January 26-27.
The dollar Australian
currency of the country that are more or less dependent on the economic situation in China - including Australia and New Zealand - rose after the statements of officials of the largest Asian economy that monetary policy should be more "flexible" while fiscal policy is more "strong". Recall on Monday in China held Central Economic Working Conference.
After declining by 0.9 percent over the previous two days, the Australian dollar rose 0.5 percent to 72.25 US cents. The course "Kiwi" rose by 0.7 percent to 68.11 US cents, the highest one-day gain since December 9.Iron ore for delivery in January, rose in price by 3.7 percent.