FXstreet.com (CÃ³rdoba) - Wall Street ended today with modest losses in the day before FED decision. Dow Jones Industrial Average lost 8 points to end at 8,017. The index lost its gains in the last hour of session. Nasdaq lost 0.33% and S&P500 0.27%. Also the majority of European markets went down today. In the Forex the dollar fall across the board and so did the yen erasing part of early gains.
EUR/USD ended the American session close to an important support at 1.3160. During the session reached the highest level at 1.3165 and then fell to the support area of 1.3130. Since then it has been moving between this prices. For the day is up almost 1%.
USD/JPY rose at the beginning of the American session reaching a day high at 96.69. After that it fell to actual support zone at 96.30. The pair remains in a trend that favors the yen.
The dollar decline during the entire session against the Swiss Franc stopping at 1.1415. Now the pair is near that zone and still has momentum. From today high at 1.1595 to the area mention before, USD/CHF has fallen more than 170 pips for today.
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