Although the Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is trading 0.24 percent higher from the open, we saw a dip in the reserve currency as Fed Chairman Ben Bernanke warned of tightening monetary policy prematurely. Indeed, the prepared remarks sounded fairly dovish as the central bank head pledges to preserve the highly accommodative policy stance as long as needed, but the market reaction was short-lived as Mr. Bernanke warned of keeping the benchmark interest rate too low for too long. Nevertheless, the greenback could be carving out a near-term top ahead of June it struggles to maintain the upward ... (full story)