EUR/USD: US FOMC Meeting Minutes

The European Common Currency traded sideways against the US Dollar, following the FOMC Meeting Minutes data release on Wednesday at 18:00 GMT. The EUR/USD exchange currency rate lost 4 pips or 0.04% right after the release. The Euro continued trading at the 1.1155 level against the Greenback.

The Federal Reserve released the FOMC Meeting Minutes data, where the US policymakers provide in-depth insights into the economic and financial conditions that influenced their vote on where to set interests rates.

The US policymakers showed that they were in no rush to change interest rates, despite the fact that the US economy remains to strengthen. Members of the Federal Open Market Committee voted on leaving the rates unchanged, as they continue to use "wait-and-see" approach.