The dollar with the fifth consecutive daily decline

The dollar fell on the first full day of the new year 2018. The US dollar index hit its fifth consecutive day-to-day drop, reaching nearly a three-month minimum. Traders are trying to predict what the Fed's interest rate policy will be in the new year.
Given that they sent the dollar down, investors are clearly not convinced that we will see three US interest rates hikes this year. Such an opinion can certainly be said to be the bond markets as well.
The dollar index lost 0.3 percent to 91.836 points or its lowest value since September. The index lost 9.9% of its value in the past year, experiencing its worst year since 2003.
The euro rose to 1.2060, versus 1,2006 late on Monday. Thus, the single currency is traded at levels unseen since September last year.