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FOMC Minutes: Sell opportunity on USD? [Video]

The dollar has strengthened on hawkish comments but from not-too-influential Fed members. Will the trend reverse or will the minutes provide fuel for the next move? A preview of the big event for the week.

Update: The Fed took the hawkish path and the dollar soared. So, we were wrong on this one and probably not the only ones surprised.

Video preview for the Fed meeting minutes due on Wednesday, May 18th, at 18:00 GMT and should certainly be a market mover:

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.