Price has been restricted to a 20 pip range today as the main event of the day is the Fed Interest Rate decision and the FOMC statement scheduled for later this afternoon. Today holds extra precedence as it is widely expected that Fed Chair Bernanke will announce QE3. Currently trading at 0.8014, upcoming levels of support can be found at 0.8004/0.798/0.7944 and resistance at 0.804/0.8064/0.81.
European Equities remain down on the session and US futures are indicating a lower open. Commodities are mixed to higher whilst critical yields are up but remain stable.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.