The dollar is trading generally lower in the wake of the Fed minutes yesterday, which signalled a gradual and cautious path to further tightening beyond a still-likely December rate hike. This was tonic for stock markets, but toxic for the dollar. EUR-USD clocked a three-day high of 1.0718, weathering fresh dovish ECB-speak. USD-JPY fell to a three-day low of 123.08, remaining heavy thereafter.
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