Dec. 7 (Bloomberg) -- The dollar fell versus most of its major counterparts amid speculation the Federal Reserve will add to its quantitative easing plan to keep the economy from slipping back into a recession. Fed policy makers meet next week to review their plan to buy $600 billion in Treasuries through June, after central bank Chairman Ben S. Bernanke said this week an increase in the purchases was “possible.” President Barack Obama said he would agree to sustain Bush-era tax cuts for high-income taxpayers in exchange for extending federal unemployment insurance. “The dollar sell-off is coming back in the markets as the Fed said it may expand the bond purchases, increasing uncertainty about the U.S. economy,” said Kengo Suzuki, manager of the foreign bond department in Tokyo at Mizuho Securities Co. The Dollar Index, which tracks the greenback against the currencies of six major U.S. trading partners including the euro, yen and pound, fell 0.1 percent to 79.578 as of 6:27 a.m. in London. It was at $1.3318 to the euro from $1.3308 yesterday. --Editor: Rocky Swift To contact the reporters on this story: Yoshiaki Nohara in Tokyo at ynohara1@bloomberg.net; Monami Yui in Tokyo at myui1@bloomberg.net. To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net.

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