Dollar steadies before Fed, Europe slips on Greece
Reuters - Jan 28, 2015
Stocks and the dollar retrenched on Wednesday amid speculation the Federal Reserve will take a dovish turn in its post-meeting statement later as signs emerge that the greenback's strength is hurting company profits.
Worries that Greece's new government is heading for clashes with the rest of the euro zone over its debts saw European shares .FTEU3 stumble for a second day as Greek bonds also took another dive. [GVD/EUR]
Gadget giant Apple .AAPL.O had grabbed headlines overnight after it reported the biggest quarterly profits in corporate history, but focus was now squarely on what message the Fed sends when it wraps up its first meeting of the year later.
