The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.35 percent lower from the open after giving back the overnight advance to 9,963, and the dollar may track lower over the near-term as it remains stuck within the downward trending channel carried over from the previous month. However, as 9,900 continues to provide interim support, awe should see a small correction over the next 24-hours of trading, and we may see the index threaten the downward trend should the central bank continues to soften its dovish tone for monetary policy. As the FOMC meeting minutes comes into focus, the policy statement is likely ... (full story)