The US dollar is about to reach its highest level in 12 years with the support rate expectations

The US dollar extended the rise of the European market on Monday, continue to make gains for a sixth day on a row against a basket of approaching the major currencies of the highest level in 12 years amid growing buy the US currency operations supported by expectations of higher interest rates in the United States by June of next June, falling New Zealand dollar For the second day in a row ahead of data on the business climate of confidence in New Zealand. US dollar Continued dollar index rise for the sixth consecutive day, its highest level in four weeks 100.26 points, heading towards the level of 100.37 highest point in 12 years and registered on 13 March last, and achieved the index rising by 2.9 percent over the past week, the biggest weekly gain since May 2010, with the support expectations of the Federal Reserve to raise interest rates by June next. He reiterated on Friday, Jeffrey Lacker a member of the Federal Reserve Board to call for speed consider raising interest rates in June of next June, and stressed the possibility of reducing them again if necessary summoned to do so. Showed the last meeting of the Federal Reserve, which was published on Wednesday that some members said they expect the upcoming economic data provide strong justification to raise interest rates in principle in June next June, and confirmed the other members on the economy improves sufficiently allow the Council to conduct an evaluation at each Meeting Minutes separately on raising interest rates. The dollar index is trading by the time 11:44 GMT on the level of 100.15 points, 99.64 points from the opening level and the highest level of 100.26 points, the lowest level of 99.44 points. . The absence of significant data today from the United States from the arena of financial markets while Uday federal budget for the month of March is expected deficit of $ 43.1 billion, compared with a deficit of 192.3 billion dollars in February February New Zealand Dollar Finish trading on Friday, down by 0.3 percent against its US counterpart, and has continued to decline for the second consecutive day on Monday, its lowest level in two weeks 74.21 US cents on the impact of weak data in China's largest trading partner for the economy of New Zealand, the data showed an unexpected drop of Beijing's exports during March The decline in imports at the fastest pace since the global financial crisis in 2009, which worries about weak economic growth than in China. New Zealand dollar is trading against the US counterpart by the time 11:45 GMT on the level of 0.7430 from 0.7516 opening price and the highest price of 0.7536, 0.7421 and the lowest price. And awaits investors later today important data on the business climate in New Zealand over the past month and record the business climate survey for level 23 through February February