But mining shares move higher as dollar slips after Fed meetingWith Greece still firmly on the crisis list, leading shares are heading lower once more.The FTSE 100 is currently down 26.08 points lower at 6654.47, heading for a new five month low. Another 90 points or so and the index will have lost all the gains it has made so far this year.The US central bank last night maintained that its first rate hike since 2006, and since hitting all-time lows in 2008 amid the financial crisis, remains data-dependent, giving it room to keep delaying.... The committee also cut its 2015 US GDP growth forecasts after a tough start to the year for the world’s number one economy.The possibility of a US rate hike not being as imminent as markets think and that rates mightn’t rise as quickly as thought to as high as thought has seen the dollar fall to one month lows. Continue reading...
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