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FOMC BoE minutes later this week - BBH

FXStreet (Guatemala) - While we await the RBA minutes, meanwhile, Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted that minutes from the recent FOMC and BOE meetings will also be released this week.

Key Quotes

"Minutes from the recent FOMC and BOE meetings will be released. While there is a clear consensus to wind down QE on schedule, other issues, like the timing of the first rate hike and which instruments will be used to neutralize the excess reserves, are unresolved."

"That said the nature of minutes gives greater expression to a wider range of opinion than may be found among the voters on the FOMC. The key policy signals come from the Yellen, Fischer and Dudley."

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