Bank of America Global Research sees recent ranges holding in G10 FX into year-end.

"Ahead of the crowded central bank meeting calendar in September, we flagged that front end differentials had returned as a dominant driver of exchange rates. After the FOMC meeting, we estimated a move in US 2y rates toward 5% (our rates team's forecast), could take the DXY to the summer highs but not beyond. Both have been borne out by recent price action but leave us precariously balanced at the strong end of DXY's long held 96-102 range," BofA notes.

"Our technical view remains bullish, but our fundamental forecasts imply the range holds medium-term.," BofA adds.