Last night, the US dollar index was able to restore some positions, although statistics from the United States came mixed. The Flash Manufacturing PMI decreased. Flash Services PMI from Markit on the contrary increased, but New Home Sales showed negative dynamics.
The US dollar is experiencing an acute shortage of drivers, which would help it recovers. More or less important economic data from the States will appear only at the end of the week. Today, will be published FOMC Meeting Minutes, and the market participants are interested in what will be the reaction of the US currency.
The mood among the members of the Federal Reserve is quite optimistic. About this they don’t cease to remind in their speeches, noticed that the temporary decline of indicators shouldn’t be the reason for refusing to normalize monetary policy.
In this regard, the minutes are more likely will contain optimistic forecasts and plans of the Federal Reserve to raise interest rates, which can support the US dollar. But the question remains open, can the optimism of officials overpower the last negative, which forced the US dollar surrender its positions against the basket of major currencies.