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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
An address received 1,001 BTC from Matrixport/BIT.com, with a total of 3,000 BTC received within 24 hours.
Sui: The first 2x leveraged SUI ETF has been approved by the US SEC and is now listed on Nasdaq
