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Dollar index edges higher ahead of FOMC minutes

From uk.reuters.com

The dollar inched up on Wednesday against a basket of currencies as traders awaited the release of the Federal Reserve's minutes on its June policy meeting which may hold more clues on its plan to possibly reduce its balance sheet later this year. The yen rose briefly on safe-haven demand after North Korea said on Wednesday it conducted a test of a newly developed intercontinental ballistic missile (ICBM) that can carry a large nuclear warhead. A sharp pullback in oil prices bogged down the Canadian dollar and other currencies of countries whose economies are reliant on commodity exports. "Traders are looking for ... (full story)

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