“The question is whether the Fed wants to use these minutes as a communication tool to push back the vision of an easing cycle in 2023.ING currency analysts said in a note.
US retail sales data, to be released on Wednesday, will also be closely watched as an indicator of the economy’s resilience.
The dollar index rose 0.1% to 106,600, recovering about 2% from last week’s low after inflation data, though still more than 2% from a two-decade high of 109. 29 played in mid-July.
The euro was trading almost unchanged at $1.01730 after revised official data showed euro zone economic growth was somewhat lower than previously estimated.
Sterling was flat at $1.220990 after data on UK consumer price inflation accelerated to 10.1% in July, the highest since February 1982.
The dollar gained 0.5% against the yen, to 134,960 units, after data showed Japan’s trade gap widened following a record surge in imports in July.
Source: Ambito
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