Wall Street start the week with losses on Fed & Tap concerns

FXstreet.com (San Francisco) - The US stocks market opened the week with small losses as investors are focused on this week Federal Reserve meeting and the developments on the Tap never-ending-story. The Dow and the S&P performed its first negative day in the last three sessions.

The Dow Jones declined 36.86 points or 0.24% to finish the day at 15,521.97. The S&P 500 eased 6.32 pts or 0.37% to 1,685.33. And the Nasdaq closed at 3,599.14 after dropping 14.02 pts or 0.39% on the day.

The 150.00 level offers strong support to the GBP/JPY

After falling more than 380 pips in the last three sessions, including a opening gap on Monday, the GBP/JPY seems to have found support at 150.00 where the pair remains attacking several times on the American session.
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Flash: AUD/USD could test resistance at 0.9350 on US stimuli – Westpac

Global FX Strategist Sean Callow at Westpac, analyzes the short-term profile of the AUD/USD and Australian rates.
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