The dollar has begun a crucial week under a little corrective pressure again. The past week has been very strong for the greenback but this has been tempered slightly by an underwhelming payrolls report on Friday and some caution coming ahead of the FOMC decision on Wednesday. The Fed is widely expected to raise interest rates for a third time this year, however it will be the implications of inflation expectations and further hikes in 2018 which will be the main drivers of market moves. Friday’s subdued earnings growth is not doing much for the hawks. Treasury yields have dropped back a touch in early moves today ... (full story)