financial times: Markets pm: Dollar firms as focus turns to Fed policy, Ocado soa...

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Markets afternoon briefing
Friday May 17 2013

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Markets

Dollar firms as focus turns to Fed policy

Dollar benefits from talk by Federal Reserve committee member John Williams that central bank should begin cutting asset buying by the end of the year
http://link.ft.com/r/FG6LAA/Q3CHYF/OJ2XU6/08LHO0/EKBGE7/AZ/h?a1=2013&a2=5&a3=17

Ocado soars on Morrison web deal

Morrison's web plans ease concerns about a potential over-dependence by Ocado on Waitrose, as the FTSE 100 continues to slip back from 5½-year highs
http://link.ft.com/r/FG6LAA/Q3CHYF/OJ2XU6/08LHO0/RP54T9/AZ/h?a1=2013&a2=5&a3=17

Dollar recovers to approach one-year high

Dollar hits highest level since July on optimism over strength of US economy and expectations Federal Reserve might end stimulus sooner than thought
http://link.ft.com/r/FG6LAA/Q3CHYF/OJ2XU6/08LHO0/4VRF78/AZ/h?a1=2013&a2=5&a3=17

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