A weaker US dollar was the main theme yesterday, as pairs such as EURUSD, GBPUSD and AUDUSD climbed sharply during the European and NY sessions. It all started with BOJ rate decision, which ignited bearish pressure on USDJPY. Investors were seen unwinding positions of the US dollar. Poor U.S. economic data, and better UK and Eurozone economic data spurred buying interest in currency pairs like EURUSD and GBPUSD. EURUSD climbed above 1.3800 level, and GBPUSD traded as high as 1.6754 during yesterday’s NY session. FOMC meeting minutes Today at GMT 06:00 PM, FOMC meeting minutes will be released, which could act as a ... (full story)