The dollar has been gathering strength in the wake of the FOMC decision on Wednesday, but can the dollar rally continue? The initial reaction to the Fed move was arguably a touch subdued with the market seemingly questioning Yellen’s upbeat assessment of inflation. However strong readings on regional Fed surveys yesterday (on New York and Philly Fed) have helped to drive a dollar recovery. This is still though very early days with the dollar index rallying back to where it was just a week ago, whilst the flattening yield curve remains an issue and the 10 year Treasury yield is still below where it was prior to the ... (full story)