USD fell on Tuesday against a basket of global currencies, continuing losses for the third day in a row, the lowest level in two weeks, as the sale of the US currency, ahead of  start of Federal Reserve first meeting in 2019, which is expected to result in more evidence in the direction of  raising US interest rates difficulty of  this year.

USD index fell 0.15% to 95.29 points, the lowest level since January 15, as the day’s opening level was 95.43 points, the highest level at 95.47 points.

The index lost 0.1% on Monday, the second consecutive daily loss, as the greenback continued to fall against a basket of major and minor currencies, especially against the euro.

The index lost more than 0.5% over last week’s trading, resuming losses that were temporarily halted last week for the first time in five weeks.

USD fell during the period under pressure to keep pace with data indicating that the growth of the world’s largest economy fell in the fourth quarter of last year, as global risks mounted around the US economy, reducing the likelihood that the Federal Reserve will raise interest rates this year.

The first monetary policy meeting of the Federal Reserve will be launched later in the day in 2019, with decisions to be made on Wednesday, amid full prospects for US interest rates to remain unchanged at 2.50 percent.

Investors are focusing on the monetary policy statement and Federal Reserve Chairman Jerome Powell’s remarks, looking for new evidence for the future of tightening US monetary policy this year.