EUR/USD: FOMC Meeting Minutes

The European Common Currency traded sideways against the US Dollar, following FOMC Meeting Minutes data release on Wednesday at 19:00 GMT. The EUR/USD exchange currency rate lost 2 pips or 0.02% right after the release. The Euro continued trading at the 1.1067 level against the Greenback.

The Federal Reserve released the US 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.

According to the release, the Federal Open Market Committee suggested that the US economy is in a good place. Therefore, the US policymakers decided to maintain the monetary policy unchanged in the medium term, unless risks and uncertainties would not raise.