People already have a more positive view of the European economy, so they are not that fussed. The market is a bit tired after all the dollar selling this week.
Risk aversion is rising in the market and investors are nervous about what will happen when U.S. equities open.
Even though there was a reasonable GDP figure the market was unwilling to give the yen good support. There's a consensus building that the BOJ isn't going to move quickly and that means the good news for the economy isn't enough to boost the yen further.
The bottom line is that the door is more open for a rate hike and the market is convinced we will have another rate hike.
The minutes were quite dovish in the sense that the Fed seems very close to the end of its tightening cycle, so I think the market move is justified.
The current rate expectations are still supportive for the dollar. But now the market needs to be assured by upcoming economic data.
The market will be watching the consumer prices report, as the minutes have made it clear the Fed is watching inflation. The economic data has been strong and supportive for the dollar.