The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) outlook in turning increasingly bearish as it approaches the December low (10,565), and the near-term decline may gather pace ahead of the next Fed meeting on March 19 as the dismal developments coming out of the world’s largest economy dampens the central bank’s scope to normalize monetary policy sooner rather than later. The recent batch of dismal U.S. data may alter the policy outlook as it highlights a weakening outlook for growth and inflation, but the Federal Open Market Committee (FOMC) may continue to implement a $10B reduction in its asset-purchase ... (full story)