Session Recap: Risk aversion on hawkish FOMC minutes (San Francisco) - The market is trading on risk aversion following the FOMC minutes as, according to the release, some Fed officials are considering eventual QE pullback and it has surprised investors with a hawkish tone.

EUR/USD is heading south and trading below 1.3300 level at 1-month lows, the GBP/USD has tested levels not seen since July 2010 and the USD/JPY is trading back close to 93.50 after testing 94.00. The US Dollar Index intensified its intraday upside to 81.16 and the gold is collapsing.

S&P highlights election risks for Italy

Berlusconi goes personal on Monti

Deal on Cyprus bailout expected by the end of March – Working group head

Forex: GBP/JPY in weekly lows, around 143.00/15

Gold hits fresh 6-month low

USD on demand ahead of FOMC minutes

US markets retreat ahead of FOMC minutes

FOMC Minutes: Some Fed officials consider eventual QE pullback

The overlooked comment in the FOMC minutes

Forex: EUR/USD fell to 1.3280 on hawkish FOMC

Gold getting absolutely mangled, or is it?

Forex: GBP/USD extends declines after FOMC minutes

Forex: USD/JPY shaken by the minutes and tests the 94.00

Forex: US Dollar Index keeps pushing higher, around 81.15/20

Forex: EUR/USD hits fresh 1-month low