The US Dollar fell overnight after the FOMC minutes showed a divided FOMC, with officials split whether the central bank should hike rates soon. USD/JPY declined from 100.70 post-FOMC to a low of 99.65 in Asia. The pair bounced after the Tokyo open and verbal intervention from Japanese officials helped to push it back above 100 again. The short-term outlook remains negative however, and it will take intervention from the BoJ to prevent further losses.
EUR/USD broke above 1.13 in Asia, while GBP/USD rallied to 1.3090. It has retraced from there as offers proved to be thick, but support is now seen at 1.3030 and 1.2980.
The Australian Dollar rallied after better than expected AUS employment data. The economy added 26k jobs and the unemployment fell from 5.8 % to 5.7 %. AUD/USD rallied from 0.7655 to 0.7720 and NZD/USD followed it higher as well, reaching a high of 0.7310.
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