FXstreet.com (Buenos Aires) - Asian session started as American one closed: with major crosses showing lack of direction inside past weeks range. FOMC Minutes failed to trigger market movements, as Fed add no much more to past statements. Ahead of next Thursday Thanksgiving holiday in the U.S., market likely to remain under same conditions during next sessions. Meanwhile local stocks markets had some negative lead coming from Wall Street.
EUR/USD quotes at 1.4960, trading between 1.4930/80 since late Europe; pair has been unable to break above the 1.5000/20 area for the past two weeks, being that the strong roof of the range, while to the downside, 1.4800 is the base.
GBP/USD continues trading under 1.6600, yet above 1.6550 support zone. Pound has suffered early Europe after BOE's Governor Mervyn King said the central bank will raise the benchmark interest rate and sell assets purchased during its emergency plan over a two to three-year period, yet also opening doors for further quantitative easing.