XE Market Analysis: Asia – Nov 18, 2015

The dollar was on a firmer footing through the N.Y. morning session on Wednesday, though remained inside of recent trading bands. Anticipation of the FOMC mintes likely kept conditions steady, though on their release, the dollar initially rallied, then quickly fell back, as the minutes didn’t really clear up whether or not December rate lift off will occur. The minutes said most members expected conditions for liftoff could be met in December, with others saying available data by December would not warrant a rate hike.