XE Market Analysis: Currency Market is Subdued, Investors Seek Guidance from the FOMC Minutes

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OVERVIEW

  • The US dollar bounces back after yesterday’s freefall and waits for the FOMC’s meeting minutes

  • Investors are also hoping for a real breakthrough in Brexit talks as the UK PM meets with EC President

  • NYMEX WTI Crude consolidates around a 12-week high, near $55.50.