The dollar rose on Thursday after the minutes of the Federal Reserve's meeting showed that policymakers are in no hurry to cut interest rates, and that several of them are open to raising them if inflation remains high. Meanwhile, the euro awaits a decision from European Central Bank President Christine Lagard on leaving her post before her term ends.
Dollar Rises After Fed Meeting Minutes
The dollar strengthened after the Fed meeting minutes, where policymakers are in no rush to cut rates. Meanwhile, the market awaits Christine Lagard's decision on leaving her post as ECB president early.