Reuters FOREX-Dollar tentative as investors await Fed minutes The Fed on Wednesday will release the minutes from its most recent meeting, with investors looking for any sign of discussions around moderating the pace of interest rate hikes. The overnight move reflected better risk sentiment as stocks and bonds rallied on the back of better corporate earnings and expectations of slower rate hikes from the Fed, said Carol Kong, a currency strategist at Commonwealth Bank of Australia. Fed Chair Jerome Powell said this month that, while borrowing costs would need to rise further, the central bank might raise interest rates in smaller increments in the future.
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