Limited Post FOMC Weakness Points to Dollar Rally Dollar tumbled broadly after FOMC kept interest rate unchanged last week and sent a more dovish than expected message. However, the weakness in the greenback was relatively limited and short lived. Dollar staged a strong recovery towards the weekly close. Dollar still closed the week as the second weakest major currency, after Euro. But the near term outlook in dollar is not overwhelmingly bearish in spite of the FOMC disappointments. Indeed, it's possibly the time to re-considering buying dollar again after this key event risk is past. Based on Friday's CME group FedWatch data, markets are only pricing in 11% change of rate hike in October and 39% in December. Such non-expectation of a hike could turn out to be supportive to the greenback. Full Report Here... | 
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