The dollar trended slightly higher through the morning session, as hotter PPI and better industrial production data, along with surging oil prices, helped lift Wall Street and yields. EUR-USD ranged between 1.1107 and 1.1151 ahead of the FOMC minutes, while USD-JPY topped at 114.50 before easing some. The greenback slipped following the release of the FOMC minutes, though for USD-JPY, it appeared selling got under way ahead of the release. The pairing fell from 114.25 to 114.00, following through to 113.88. EUR-USD ticked up 10 point over 1.1150.
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