The Dollar gained versus all majors except the Yen after S&P cut the rating for Portugal and lowered Greece's credit rating 3 steps to junk. The rating cuts by S&P strengthened risk Aversion and investors turned to the safety of the Dollar and the Yen. NASDAQ and Dow Jones plunged by -2.04% and -1.9% respectively. Crude Oil weakened by -2.09% closing at 82.44$ a barrel. Gold (XAU) gained by 0.71% closing at 1,161.7$ an ounce. Today, FOMC Interest Rate statement is expected unchanged at 0.25% and will attract investor's attention. Crude Inventories are expected with 0.9M versus 1.9M and are likely to cause volatility in Crude prices.