Is the US Dollar's Rally since the Disappointing August Employment Report Over?

From marctomarket.com

The dollar's strong upside momentum, which accelerated after the FOMC meeting, stalled in recent days. If interest rate considerations were the key driver, the Fed funds futures strip appears to have made the necessary adjustment. By our calculations, the September contract has a 25 bp hike fully discounted, and about a fifth of a second hike priced into the December contract. Meanwhile, the weekly initial jobless claims have risen for three weeks through September 24, warning the path forward will not be a straight line. The composite PMI has fallen for four consecutive months, including the preliminary September ... (full story)