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USD at risk in the face of Fed minutes release

Philip Roth by Philip Roth
August 16, 2023
in UK
USD at risk in the face of Fed minutes release
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The US dollar could be exposed to some volatility as forex traders could take a more cautious stance ahead of the Federal Reserve’s minutes release later today.

The minutes could affect traders’ expectations regarding monetary policy after a number of economic figures already influenced the trajectory of the currency since the Federal Reserve’s last meeting.

In this regard, the US currency could see some risks for the remainder of the week after its strong rebound during the last few weeks.

Data on the US job market is also expected tomorrow and could add to the dollar’s volatility and could further affect traders’ expectations.



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