The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) marked a fresh weekly high of 10,711 ahead of the Federal Open Market Committee (FOMC) Minutes, but the topside break in the greenback may be short-lived as market participants weigh the outlook for monetary policy. Indeed, we saw a fairly muted reaction to the U.S. Existing Home Sales report even though it exceeded market expectations, and the fresh batch of central bank rhetoric may make or break the greenback amid speculation that the FOMC will start to taper its asset-purchase program at the September 17-18 meeting. There’s a limited risk of seeing fresh ... (full story)