Markets Turned Cautious ahead of FOMC, Hawkish Surprise Possible - NewsBreak

Markets have turned quiet today as focus is shifted to FOMC policy decisions. While a tapering announcement is highly unlikely, there are still prospects of hawkish surprises in the dot plot and the economic projections. In the currency markets, Sterling is currently the worst performing one for the week, followed by Kiwi and then Aussie. Swiss Franc is the strongest, followed by Yen and Dollar. The picture could solidify itself if overall risk sentiments turn sour again after FOMC.