FXstreet.com (Córdoba) - The Dollar finished with gains across the board on the day the Federal Reserve decided to leave rates unchanged at historic lows. Cable was the best performer among majors and the Yen retreated after reaching fresh monthly highs across the board.
EUR/USD closed the day at the lowest level since July of 2009. The pair bottomed at 1.3993, reaching a 6-month low but then recovered and rose above 1.4000. The Euro fell for the second day in a row accumulating a decline of 120 pips.
The Pound rose across the board after a weak performance during the Asian session. Cable was one of the few currencies worldwide to finish with gains against the Dollar. GBP/USD peaked at 1.6244 but then pulled back after the FOMC decision finding support at 1.6135. GBP/JPY fell to fresh one-month low below 144.00 but then rebounded sharply to finish the day above 145.50.
The Yen pulled back across the board. The Japanese currency weakened after the FOMC statement. USD/JPY rose moderately after reaching new monthly lows but is having difficulties to consolidate above 90.00. The pair is still facing downside pressure.
Currencies tied to commodities fell for the second day against the Dollar but managed to finish the session far from the lows.