FXstreet.com (Barcelona) - The US Dollar has reversed previous losses in yesterday's European session to rally after the FOMC monetary policy statement against most majors, as crude oil edged up $0.35 to 41.93 n per barrel and the Dow Jones and Nasdaq rose 2.46% and 3.55% respectively.

EUR/USD failed to break resistance at 1.3330 (Jun 6 support level turned into resistance) , yesterday after having tried several times in European and Early U.S. session, retracing violently about 300 pips after the Fed's statement released risk appetite to drop to levels around 1.31.

Higher than expected Unemployment in Germany has not helped the European Currency which continues declining past 1.31, with next important resistance levels at 1.30 and 1.2765, monthly low reached Jan 23.

The Japanese yen suffered the same risk appetite after the FOMC, and USD/JPY managed through 90 resistance in Late U.S, session, reaching a week-high, although, unable to hold such level, after expectations of Obama´s $819 billion stimulus plan arose fears of further damage for the U.S. budged deficit, as a consequence investors run back to the Yen as safe haven USD/JPY fell to 89.644.