February 22, 2018
The dollar index traded higher following the release of the FOMC meeting minutes, bucking the trend of the past three days and moving the greenback higher from 4 year lows versus the Euro. Its early to decide if this is a game changer for the dollar however the global and US markets reacted with a move lower of about one percent following the news. EU markets are expected to follow their counterpart with a move lower this morning however the EU markets responded positively to the recent pullback in the Euro and sterling versus the dollar.
UK GDP at 9:30 am, ECB Monetary meeting accounts at 12:30 pm, CAD retail sales at 1:30 pm and OIL Inventories at 4 pm are the important news on the agenda Thursday.
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