The key event last night was the US Fed's FOMC meeting

News and views The key event last night was the US Fed’s FOMC meeting, which saw the Fed funds rate left unchanged at 0-0.25%, and was accompanied by a less dovish statement than the market had expected. Given no increase in asset purchases, the US dollar rallied. The S&P500 opened much higher, durable goods orders much better than expected; however, it was downhill after that, and should close +0.5%. The US 5yr treasury auction was very well attended by (probably) foreign bidders, but