The US dollar had a volatile session on Tuesday against the Japanese yen, testing the 112 level. The Australian dollar had a bullish session, breaking above the 0.80 level during the day.
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Gold prices ended Tuesday’s session with slight gains as the dollar weakened ahead of the Federal Open Market Committee meeting.
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The EUR/USD pair rallied slightly during the day on Monday, as we continue to struggle with the 1.20 level above.
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The WTI Crude Oil market went back and forth during the Monday session, as we broke above the $50 level, but then pulled back as it is an area that will continue to cause quite a bit of noise.
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The US dollar continues to rally against the Japanese yen, as we gapped higher at the open on Monday, and then rode towards the 111.50 level.
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The S&P 500 has broken above the 2500 level, which has been a psychological resistance barrier that the market has been pressuring for several days now.
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