Wall Street closes mixed ahead FOMC minutes

FXstreet.com (San Francisco) - The US stocks market traded overall sideways on Tuesday and closed mixed as investors are waiting for further hints on what the Fed is planning to do about the QE and its bond buying program. The Dow turned negative at the close and declined for fifth day in row, first time in the year.

The S&P and the Nasdaq performed its first positive day in the last five sessions. Loses was contained as retailers traded higher and bond yields declined from to 2-year highs.

The Dow Jones declined 7.75 points or 0.05% to close at 15,002.99. The S&P 500 advanced 6.29 pts or 0.38% to end the day at 1,652.35. And the Nasdaq Composite added 24.50 pts or 0.68% to 3,613.59.

Flash: GBP/USD has chance to test new highs above 1.5700 – Investec

The exodus from equity and rate markets has yielded very little as the GBP/USD is managing to trade on its own merits on the back of such an encouraging flow of data over the summer and positive market reaction to the new Bank of England chief, Mark Carney, notes Jonathan Pryor, Corporate Treasurer at Investec.
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USD/CHF, cracks down at US closing

USD/CHF accumulated 0.74% daily losses so far, 0.01% away to reach a 1.0% weekly loss. Prior to the Wall Street market closing, the pair attempted to recover losses partially after falling from 0.9280 zone. Violating immediate support, now resistance at 0.9172 within the last hour, market participants stay expectant of potential data due tomorrow at the FOMC minutes release.
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