FOMC Meeting Minutes
The Federal Reserve’s meeting minutes will be released at 21:00 MT time on May 24. The document will provide us with a detailed record of the FOMC’s most recent meeting and in-depth insights into the policymakers’ views on the national economy. As a result, we will find out how close the central bank is to raising interest rates. The US dollar is usually very responsive to any hawkish/dovish wording of the minutes. A lot of traders will be looking forward to the publication of this release expecting that it will determine the direction of the USD.