US dollar rebounds before Fed minutes, market awaits clues
From Investing.com.: 2025-02-19 05:51:00
The dollar rebounded ahead of the FOMC meeting minutes, but may face pressure if a hawkish tone emerges. RBNZ cut rates by 50bps, hinting at a slower pace of easing. Yen strengthened on BoJ hawkish comments, while UK inflation rose to 3.0%. S&P 500 hit a record high, despite Trump’s tariff threats. Gold edged closer to its record high. Fed minutes could provide clues on future rate path and impact both the dollar and gold prices. Market participants are closely watching for any signs of a shift in Fed policy stance.
Read more at Investing.com.: US Dollar Rebounds as Fed Minutes Enter the Spotlight