USD review

Western Union notes:

The dollar recovered above multi-week lows though its recent behavior suggests it's been assigned a lower speed limit. Despite denied reports of America's president having a problem with a strong dollar, the currency's strength was undeniably a factor behind the world's biggest economy's downturn in the first quarter. 

The Fed announcement on June 17 will be a major event with the central bank also issuing fresh forecasts on the outlook for the economy and its leader, Janet Yellen, will speak with the media where she is sure to be peppered with questions about when U.S. interest rates will rise.