Flash: Confident sounding FOMC to support USD – TDS

FXstreet.com (Guatemala) - Strategists at TD Securities said a more confident-sounding set of FOMC minutes yesterday reflected better US employment data and a brighter growth outlook.

Key Quotes:

“And, with policy makers questioning the marginal efficacy of QE itself, there is no deflecting taper from here”.

“US long-term rates should continue to nudge higher in the months ahead, supporting the USD”.