020 7898 0500Wednesday was a quiet day for the US dollar, leaving sterling to strengthen on the back of positive UK news.
But today will be a lot different as markets will be focused on the release of the latest US Federal Reserve Meeting Minutes, as they gauge how the members view a possible interest rate rise later this year; members have been split recently on whether this would be a positive move for the US economy so it is of great interest how the latest discussions have gone. We should expect some rapid movement in all markets including the currency markets.
Before the minutes are announced, the weekly unemployment claims figures are due – and are expected to remain at steady.
