The Fed minutes publication was the main event of Wednesday. Traders expected positive comments and hints regarding the possible rate hike. According to the minutes most of the fed members believe that the regulator can hike the rate in June if the economy state allows. After the minutes publications the dollar strengthened all over the market.
The Eurozone published the inflation report. The consumer price inflation in the Euro area remained unchanged at - 0.2%.
The pound was supported by the latest poll regarding the upcoming referendum. According to the poll: the number of British people who support staying in the EU are 8% more than those who want to leave. The UK published Unemployment Rate (remained at 5.1%), Average Earnings including Bonus (2.0% vs. expectations 1.7%) and Claimant Count Change (-2.4K vs. previous 14.7K).
The Yen was supported by the news that the Japanese economy is developing at the fastest pace in the first quarter. Still the Japanese currency lost its gains due to investors' expection that the government new measures will stimulate the economy growth.Publication source