Commerzbank: Fed meeting minutes unlikely to have much impact on the US dollar trend
BlockBeats News, October 8, Antje Praefcke, an analyst at Commerzbank, stated in a report that the minutes from the last Federal Reserve meeting are unlikely to have much impact on the US dollar. She noted that the soon-to-be-released minutes may highlight differences of opinion among policymakers, but this is nothing new. "Ultimately, what determines the foreign exchange market is the future." Developments in inflation and the labor market will play a decisive role in the Federal Reserve's future decisions, but due to the US government shutdown, official data releases have been delayed. Therefore, it makes no sense to react to past statements from Federal Reserve members until new information emerges.
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