USD Index remains offered and breaks below 107.00, focus on FOMC Minutes – by pabspiovano DollarIndex Currencies Majors Fed
US yields trade in a mixed fashion on Wednesday., which gauges the greenback vs. a basket of its main competitors, trades on the defensive and slips back below the 107.00 mark on Wednesday.The dollar looks offered and retreats for the second session in a row against the backdrop of further improvement in the risk complex and mixed performance in the US money markets so far.
Other than the FOMC Minutes, the US calendar looks busy ahead of the Thanksgiving Day on Thursday, as usual weekly Claims, Durable Goods Orders, Mortgage Applications, flash PMIs, housing data results and the final Michigan Consumer Sentiment are all due later in the NA trading hours.The dollar faltered just ahead of the 108.00 barrier and sparked a so far 2-day corrective move to the area below the 107.
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