The US dollar is likely to fall against major currencies this week, but investors are looking for another option

The US economy is showing signs of resilience after two straight quarters of economic decline, with consumer spending surging, employment growing and the unemployment rate dropping.

The dollar is expected to weaken against the yen and euro as investors seek to get another option in case of further economic downturn.

The Dow Jones industrial average is likely, however, to trade down, the S&P 500 is likely and the Nasdaq Composite is likely.

The Fed’s rate hike on Thursday and the U.S. and European Central Bank’s latest stimulus programs are likely to further erode investor confidence in the future of the U