News headline, 2:21 p.m. ET: Analysis: Dollar’s weak trajectory seen holding for now. “The dollar’s perplexing summertime slump could prove tricky to reverse in the near term, given surprising signs of recovery in Europe and nagging questions about the timeline for the end of the Federal Reserve’s stimulus.”
News headline, 4:45 p.m. ET: Dollar advances as Fed tapering in September still seen likely. “The dollar gained across the board on Wednesday after minutes of the Federal Reserve’s meeting in July suggested that the U.S. central bank was still on track to taper its asset-buying program next month.”
It depends on what one means by “near term,” I guess.