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US stocks end higher despite FOMC minutes

FXStreet (Córdoba) - US equities finished mostly in positive territory after being able to erase losses. Following the release of the FOMC minutes stocks turned lower but then bounced in the last hour of trading to end at highs.

The Dow Jones rose 0.35% to finished at 16,979 while the S&P 500 climbed 0.27% to end slightly below record highs at 1,987. The Nasdaq ended far from the lows but lost 0.03%.

The US dollar rallied after the minutes, reaching fresh multi-month highs across the board. Gold ended around $1,290 posting the lowest close in weeks. Crude oil jumped during the US session and rose more than 2% to finish at $96.40 a barrel.

EUR/USD drops further after FOMC minutes

The EUR/USD resumed the decline after a short lived recovery and printed a fresh 11-month low at 1.3254.
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USD/CHF breaks 0.9120, rises to 7-month highs

The USD/CHF broke above 0.9120 after FOMC minutes that boosted the US dollar across the board. The pair peaked at 0.9137, reaching the strongest level since January 21.
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