Individuals involved in forex trading saw the dollar make gains against the euro for the third consecutive day today (September 20th).
Chris Weston, an institutional trader at IG Markets in Melbourne, told Bloomberg that the single European currency is likely to "come under pressure" even more in the near future.
It fell to $1.3619 at 06:41 BST today - down from $1.3686 yesterday - and it also declined against the yen, dropping to the lowest value seen since 2001.
"One of the big things we're very concerned with is what's going to happen with Italian borrowing costs and this could see some further selling of bonds," Mr Weston stated.
The dollar has continued to perform well in recent days, which may make it an attractive purchase for FX trading experts.
Earlier today it gained against nearly all of its major peers ahead of the Federal Reserve's policy meeting later.
Yesterday, FX strategist at BNP Paribas in Singapore Rob Ryan also suggested that the euro is likely to come under increasing pressure this week.
