US Dollar reacts to FOMC Meeting Minutes

Note: This section contains information in English only.
Source: Dukascopy Bank SA


At 19:00 GMT on Wednesday, the US Federal Reserve's Federal Open Market Committee published its meeting minutes from January.

The document revealed that the Committee agreed upon that, if inflation does not decrease as expected, the Fed would tighten policy more than planned.

The EUR/USD reacted to the news with a 22 base point surge over the span of 23 minutes.
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