Stong weekly growth

The US dollar continued its strong performance, reaching a weekly high. Greenback managed to erase some of the losses after the Fed's decision last week.

In recent days some members of the US central bank expressed the opinion that the institution needs to look more seriously at the possibility of increasing interest rates. Chicago Fed president Charles Evans said he expects two increases in interest rates this year. Patrick Harker, president of the Philadelphia Fed said on Tuesday that expects three increases by the end of the year.

As a result, the dollar rose against the Japanese yen, reaching a weekly high. USD rose 0.3% to 112.69 yen.

The US currency rose one percent against the Australian and Canadian dollar. Commodity currencies declined along with fall in oil prices.

US dollar index rose by 0.5% to 96,090 points.