The post-CPI selloff in Dollar and rally in US stocks faded last week, after Fed officials talked down the significance of just one data point. While the greenback still lacked momentum for sustainable recovery, selloff has at least slowed. The greenback ended the week mixed together with Euro. On the one hand New Zealand Dollar was the best performer, as traders look forward to a jumbo 75bps hike by RBNZ. Sterling followed as second, with no disastrous response to the UK government's new budget. Swiss Franc and Yen were the weakest ones while Canadian dollar followed, as weighed down by falling oil prices. Looking ahead, there is prospect of finally a stronger rebound in Dollar, considering the risk of a near term pull back in stocks, and recovery in yields. Also, retreat in gold price and extended decline in oil could give the greenback a helping hand. | 