The dollar index, which measures the greenback's value against a basket of six major currencies, fell 0.2 percent to 95.888. The implied probability of the Fed raising interest rates at its policy meeting this week remains low, at 12 percent. A rise in the dollar can increase disinflationary pressures on the U.S. economy, a point touched upon recently by a Fed policymaker. All eyes this week will be on the policy meetings by the Fed and Bank of Japan on Sept. 20-21. The BOJ is due to conduct a comprehensive review of its current policy framework that combines negative interest rates with a massive asset-buying programme.

Source: The Edge Markets September 19, 2016 05:15 UTC