FOMC minutes last night signalled more progress in the American economy’s fight against inflation. “Almost all participants agreed that risks to achieving the Committee’s employment and inflation goals remained roughly in balance”, the minutes read. With American markets due to close tomorrow for the long Thanksgiving weekend, today’s data is the last main hurdle standing between the US dollar and one of its most dominant months in recent memory.
EUR/USD: the past year
For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business account manager on 020 7898 0500 or your Private Client Account Manager on 020 7898 0541.


