The British pound has rallied significantly during the trading session on Wednesday as we reached towards the $1.30 level before pulling back ever so slightly.
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The Japanese yen has gained slightly during the trading session on Wednesday after the Federal Reserve reiterated its determination to liquefy the markets.
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The Australian dollar has rallied again during the trading session on Wednesday and now that we have gotten the FOMC statement and press conference on the way, is very likely that the Aussie can continue the trend that we have been in.
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The Bitcoin markets have rallied again during the trading session on Wednesday, as we continue to see buyers jump into this marketplace.
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The silver markets have gone back and forth during the trading session on Wednesday as the FOMC has spoken, reiterated and the fact that they are willing to flood the markets with US dollars.
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Gold markets have been all over the place after the FOMC meeting announcement, and even after the press conference.
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The US dollar initially tried to rally during the trading session on Tuesday but gave back the gains in order to roll over again.
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The British pound initially dipped a bit during the trading session on Tuesday but then rallied rather significantly.
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At the beginning of yesterday's trading, gold price jumped to $1981, the highest in history.
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Will the recent US dollar collapse affect the monetary policy decisions of the US Federal Reserve today?
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For eight consecutive trading sessions, the GBP/USD pair was in an upward correction range, taking advantage of the decline in the US dollar.
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The USD/RUB is nearing the end of its counter-trend advance that took it into its short-term resistance zone.
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For three straight trading sessions, the EUR/USD pair stabilized around its highest level since September 2018, at the 1.1781 resistance, before settling around 1.1730 at the time of writing, ahead of the announcement of the results of the most important event for this week, which is the monetary policy decisions of the US Federal Reserve Bank later today.
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Lothar Heinz Wieler, the President of the Robert Koch Institute (RKI), blames negligence for the rise in Covid-19 infections across Germany.
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AUD/USD: New 1-year high price made below 0.7200
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