US Dollar: FOMC minutes to offer limited fresh clues – TD Securities

FXStreetOct 2, 2026 2:35 PM

View all comments（0）



TD Securities analysts characterize the upcoming September FOMC minutes as largely outdated given subsequent employment and PCE data. The minutes are expected to show disagreement over how much further tightening is needed, but broad consensus that policy should remain more restrictive.

Stale minutes with cautious policy tone

"The September FOMC minutes will be largely stale given the employment report and PCE data releases since the meeting."

"The minutes will likely note there was disagreement on the extent of tightening this year despite broad agreement that rates should be more restrictive."

"In line with the SEP and recent Fedspeak, "most" participants likely saw no urgency in their next move."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Gold Price Forecast: Gold Rebounds Nearly 2% After Falling Below $3,900; Has a Short-Term Bottom Formed?

TradingKey - As of the Asian session on Tuesday (November 3), gold prices (XAUUSD) hovered at elevated levels following a sharp rebound in the previous trading day, last trading around $3,955, up slightly by about 0.25% intraday. Gold had previously dropped to near $3,870 on October 30, hitting a one-year low, before surging over 2% on November 2. While a sharp pullback in oil prices eased market concerns over U.S. inflation, the probability of a Fed rate hike in December remains high, leaving the short-term outlook for gold under continued test.

Palantir Stock Price Forecast: Drops 3% Despite Earnings Beat, $160 Support at Risk

Palantir’s (PLTR) impressive earnings failed to stem profit-taking driven by high valuations, causing its stock price to fall 3%, with technical indicators closely watching the battle to defend the $160 level.

Today’s Market Recap: Oil Slumps 8%, Apple and PLTR Earnings Beat Expectations, Marvell Tumbles Over 12%

TradingKey - On November 2, Eastern Time, early gains in US stocks failed to hold as weakness in AI and technology stocks dragged down the S&P 500 and the Nasdaq. A sharp drop in oil prices eased energy cost pressures, lifting fuel-sensitive sectors such as airlines and cruise lines, but failed to o

Japan Markets Closed; South Korea's Kospi Drops Over 3% as SK Hynix and Samsung Tumble 5%

A wave of risk aversion surged on U.S. Election Day. Japanese markets were closed, while the KOSPI plummeted 3.59% at the open, with Samsung Electronics and SK Hynix falling around 5%.

Nasdaq Falls 1.07%, SOX Drops Over 3%; AI-Related Stocks Extend Losses, Marvell Falls Over 12%, Oracle Drops Over 8%

On Monday, November 2, Eastern Time, US stocks posted a mixed performance. The Nasdaq and the S&P 500 gave up early gains to turn lower, while the Dow bucked the trend and advanced. Investors continued to rotate out of tech stocks into other sectors of the market, with attention focused on big tech companies' AI financing plans and M&A transactions. At the close, the Dow Jones Industrial Average rose 0.41% to 51,983.98; the Nasdaq Composite Index fell 1.07% to 25,164.32; and the S&P 500 Index slipped 0.51% to 7,541.40.

Featured Tools