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GBP/USD mixed on a non hawkish FOMC

FXStreet (Guatemala) - GBP/USD is trading at 1.5691, up 0.39% on the day, having posted a daily high at 1.5723 and low at 1.5590.

Currently, Sterling traders are even at around the 1.57 handle pot the release of FOMC minutes with there having been an initial spike and sell off with pressure building back up to the downside while the non hawkish minutes are digested.

All in all, what the market was looking for were details around how the officials were reacting to the global slowdown in growth and the impact on the US economy looking forward. Most officials saw little impact while inflation going forward may start to come down. The dollar is mixed although treasury yields are moving lower which should imply some softness in the greenback when it comes out of the wash.

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