The US Dollar soared after the FOMC meeting protocol was published.
Oil prices saw a pretty good start on Monday
The USD index dropped by 0.25% since Tuesday.
The USD extends its decline against other majors.
World markets shift their focus from oversupply issues to prospects of growing demand.
The Bank of Russia kept the pace of anti-inflationary policy.
The US currency dropped against the Euro.
Traders increase bearish wagers on the Yen.
Crude prices scored gains on Wednesday.
Oil futures rebounded after the drop on Monday.
OPEC and other Oil producing countries failed to come to an understanding.
Iraq’s crude output hit new record ahead of the Doha meeting on April 17.
FOMC minutes confirmed investors’ concerns.
A sudden decline in crude reserves in the US raised Oil prices during the Asian session.
The US Dollar drops to 17-month low against the Japanese Yen.