The S&P 500 rallied during the day on Wednesday into the FOMC meeting, and then after the statement continued to hold its own.
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The US dollar has been very volatile against the Japanese yen during the FOMC statement session as one would expect, breaking above the ¥113 level a couple of times during the day, but suddenly not hovering just around there at the time I am recording this.
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Gold prices ended Wednesday’s session down $6.64 as the dollar strengthened after the Federal Reserve raised interest rates and signaled a continued gradual path of increases.
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Get the NZD/USD Forex signal for September 26, 2018 here.
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Get the USD/JPY Forex signal for September 26, 2018 here.
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Get the BTC/USD Forex signal for September 26, 2018 here.
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Get the GBP/USD Forex signal for September 26, 2018 here.
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Get the EUR/USD Forex signal for September 26, 2018 here.
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Get the USD/CAD Forex signal for September 26, 2018 here.
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The Euro rallied again during the day on Wednesday but found enough resistance just below the 1.18 level to show just how difficult this place is going to be to break above.
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Gold prices rose $2.46 an ounce on Tuesday as dollar weakened ahead of the Fed’s policy decision.
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Bitcoin markets broke down during the day on Tuesday again, slicing through the bottom of the shooting star that had formed on Monday.
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The S&P 500 tried to rally during the day on Tuesday but turned around of form a bit of a shooting star.
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