OK, so the FOMC Minutes sounded dovish but let's not forget that they are nearly 4 weeks old.
Since then:

- the employment in the US has picked up including a rise in wages
- CPI improved
- we had a few FED members' speeches favoring sooner rather than later rate hike

So before deciding that dollar bull run is over for now, wait for Yellen's press conference next month (March 18-19). It will define dollar fate.


Translate to English Show original