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.
The dollar ticked higher after the release of the FOMC minutes, EUR-USD faded under 1.1340 from 1.1370, while USD-JPY rallied over 110.80 from near 110.65. The minutes revealed few surprises, and the FX reaction appeared to be a bit of “buy the news” for the Dollar. The Greenback had been under pressure through the morning […]
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