The FOMC meeting minutes cause another slip in the USD [Video]
|The FOMC meeting minutes cause another slip in the USD. While many Fed officials agreed that it was time for another rate hike in the coming months, many issued concern that low inflation wasn't a temporary phenomenon.However, the Fed did outline plans for raising rates again in December, as well as three times next year. During today’s London session, Bank of England Credit Conditions & Bank Liabilities Surveys will be out at 8:30 AM GMT to shake the GBP crosses. Euro-Zone Industrial Production will be next at 9 AM, followed by Canada’s New Housing Price Index and the US weekly jobs report at 12:30 PM GMT. ECB President Draghi participates in a panel in Washington which could create volatility in the EUR crosses. Thanks for watching, invest responsibly, and I wish you the best of luck making pips by trading forex.
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