The dollar has retained demand in the wake of the FOMC minutes, the bottom line from which was that there is no immediate plan to take unconventional stimulus measures in monetary policy. The narrow trade-weighted USD index rose to a six-day peak at 93.19, extending the rebound from the 27-month low that was pegged on Wednesday at 92.13. EUR-USD ebbed to a six-day low at 1.1813, extending the declines imparted by yesterday’s FOMC minutes. USD-JPY whittled out a three-day peak at 106.21 before ebbing back under 106.00.
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