By Stephen Hughes

The minutes released by the Federal Reserve following their most recent interest rate decision proved to be interesting reading overnight as projections provided within the notes seem to indicate that the economic slow-down that side of the pond may not be as bad as first thought, with forecasts revised to -1.5% from a earlier -2%.

I’m fairly confident this news will provide strength for the Greenback against most currencies, so Dollar buyers may want to get in touch with their currency broker as early as possible.

Current GBPUSD and EURUSD levels are down -.27% and -.22% respectivelyfrom the open.

Have a good day readers!
Steve