A sense of calm returned to financial markets on Wednesday as investors prepared for the highly anticipated Federal Reserve interest rate decision this evening.

The FX world could see some heightened volatility if the US Dollar receives a double boost, along with any surprises out of G10 central banks in action over the coming week:

Global equity markets flashed red on Thursday as rate hike fears soured the market mood and left investors on edge.

Asian shares were a mixed bag on Tuesday as fears over rising U.S. interest rates hit overall sentiment in the region. European futures are pointing to a positive open this morning, tracking the modest gains on Wall Street overnight.