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Fed steers the market dollar-ward

Last night the Federal Reserve's meeting minutes indicated a decidedly hawkish stance.

Fed steers the market dollar-ward

Market awaits Federal Reserve

So far this week, we have seen the European Central Bank undertake aggressive action in the bond market purchasing €1.7bn in a move to kick start the ailing European economy.

US data key in build up to Fed meeting

Data on US durable goods orders (dgo) out this afternoon is estimated to show an increase of 0.5 per cent for September...

Euro gains after ECB’s stress tests on banks

The European Central Bank carried out stress tests on banks in the region, and discovered a shortfall of 25 billion euros.

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