European Session – FOMC minutes boost risk, weaken dollar, oil above $50
Posted on October 9, 2015 at 2:36 pm GMTThe dollar pushed lower against most major currencies today in reaction to the minutes of the Federal Reserve’s latest policy meeting. The FOMC minutes released on Thursday suggested the US central bank was in no hurry to raise interest rates after its “on hold” decision at last month’s meeting. This left investors to push back expectations of a rate hike until next year. Fed policymakers were still watching US inflation rates and the impact of slower global growth when considering [..]