FX Daily

Market movers today
– FOMC Minutes. It will be interesting to see how worried FOMC members were about the softness in economic data received up to the meeting. Discussions (if any) about the timing of the QE exit should draw special attention.
– Fed chairman Bernanke’s testimony on the Economic Outlook may also provide some information about the Fed’s view on the labour market and a possible exit from the QE programme. Recent Fed speeches suggest an exit is not imminent, though.

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