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May 20, 2015
The US dollar is broadly stronger ahead of this afternoon’s release of the FOMC minutes where the market will be looking for any signals that the Fed expects Q2 growth to rebound in the U.S. Adding to USD strength were comments by Fed member Evans in Munich overnight where he stated he could be convinced to hike rates before 2016 especially if core inflation moved above 1.5% or the economy saw stronger and sustained nominal wage growth. The April 28-29th meeting minutes will be released at 2pm today.

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