While we expect that the broad economic and monetary divergence will allow the dollar's uptrend to resume, more immediately we have been expecting the recent ranges to remain intact. The ranges may have frayed, but the pre-weekend price action may reinforce them. With a slow start to the week ahead (US holiday and light economic calendar), it may be difficult to rebuild the greenback's upside momentum. It had tested the lower end of its ranges in late January and recovered in the first half of February. Being range-bound means that it will likely soften in the days ahead. Dollar Index: The Dollar Index made a new ... (full story)