With the Federal Reserve seemingly once more the only hiker in town, the dollar recovery continues to go from strength to strength. The dollar bulls took advantage of a day of thin volumes to push the greenback ever higher. Breaking through further decisive levels across its major pairs, the momentum behind this bull run is significant. The key data releases continue to flood the market and mostly continue to reflect general themes of an ongoing loss of momentum in the global recovery, whilst inflationary forces continue to build in the US. This gives backing to the growing realization that the Federal Reserve is now ... (full story)