We just had such a bogus session for the dollar, not only this past session but during the whole week. But lets just focus on the FOMC minutes and dollar reaction. If we analyse careful what has changed in FOMC statement we soon realize that the Fed message is the same.

The only thing that is driving the dollar down is the interest rate expectation and the fact that Yellen has been misleading the market with her comments that Fed is willing to raise rates in about 6 months after the QE program ends, which was kind of dumb to say. I really think that this ping-pong playing is not healthy for the market. The people that run currently the CB around the world are just crazy. This kind of rhetoric are just some "strategic" move from them but If you ask me I think this behaviour is disturbing the market place.

Best Regards,
Daytrader21
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