1. The headline most traders saw: Many Fed officials said job gains might bring rate rise sooner

What the statement actually said:

Many participants noted that if convergence toward the Committee’s objectives occurred more quickly than expected, it might become appropriate to begin removing monetary policy accommodation sooner than they currently anticipated.

The statement is more conditional that the impression I got from the headline so it might not be as hawkish as it appears.

2. The headline most traders saw: Many FOMC members felt characterization of “significant” labor market slack may have to change before long

What the statement actually said:

At the conclusion of the discussion, the Committee agreed to state that labor market conditions had improved, with the unemployment rate declining further, while also stating that a range of labor market indicators suggested that there remained significant underutilization of labor resources. Many members noted, however, that the characterization of labor market underutilization might have to change before long, particularly if progress in the labor market continued to be faster than anticipated

Both headlines are a touch more hawkish than the actual minutes. Combine that with the anticipation that Yellen will be an ultra-dove on Friday and this is probably the time to fade US dollar strength (no fence-sitting here at ForexLive).