Ella 
Among the G10 currencies this month, the dollar has only strengthened against the yen. Economists at ING analyzed the outlook for the dollar.
The US dollar index may fall to the 102.00 area.
In the short term, the dollar is likely to remain weak against most currencies (except the yen) as the Bank of Japan remains firmly dovish. So the yen carry trade will remain popular.
For today’s data, we have the University of Michigan’s inflation expectations. This occasionally affects markets, with any meaningful decline pushing the dollar lower. Likewise, we have three Fed speakers who are generally hawkish.
We think market sentiment is likely to dominate and if US inflation expectations don’t come up with any big upside surprises, the dollar round could drop to the 102.00 area, if not below it.
