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USD review

Quotes from RBC Capital Markets:

-USD: Our US economists argue that the focus on the addition of "international" to the FOMC statement overshadowed significant upgrades to the broader backdrop (including the labour market and consumption). The minutes, therefore, should reflect this largely positive tone.

-This assessment, coupled with a committee that continues to coalesce around the notion of a midyear hike, means the focus should be on conversations about the pace of hikes. This is particularly important in light of a market that remains extremely skeptical of the FOMC's current base case (i.e., the dot plot).

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