Dollar buying in response to US FOMC meeting minutes has stopped, today’s revised US GDP, etc.
The dollar-buying movement following yesterday’s US FOMC minutes has come to a halt. The minutes noted that “several members preferred or could dictate a 50 basis point hike.” Regarding the outlook for the future, there was an upside risk to inflation. The market reacted to dollar buying by showing a hawkish attitude. However, the dollar-buying […]