The dollar weakened before and after the Fed minutes, which were not too hawkish to say the least. While the big winner is the unstoppable Japanese yen, the focus now shifts to EUR/USD. An attempt to break above 1.1460 failed in the first attempt, and now the pair faces both Draghi and his colleagues as well as Yellen and her predecessors. What is the next move for the pair? We’ll know that soon enough.
Wrap up of the morning show for Thursday, April 7th:
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