The forex trading market is still being heavily affected by the US Federal Reserve and its monetary policies. One of the currencies that has been able to make some gains against many of the majors is the euro. The euro gained against the US dollar, the Japanese yen, and the British pound. Against the Japanese yen, the euro was able to gain by 0.17% to close at around the 112.17 mark. Against the British pound, the euro was able to gain by around 0.38% and close at 0.8775. Against the dollar, the euro was able to gain by around 0.46% to close at 1.3792.

The yen was also able to gain against the dollar. In fact, the USD/JPY pair tested the 15-year low that it was able to reach over the past week. The USD/JPY pair was able to hit the 81.20 range during the European trade day before closing at 81.26 to lower by around 0.39%.

The dollar has been in a slump over the past few days. This is largely because of the forex trading investor worries over US monetary policy. It seems as though the dollar is starting to get back on track, though, as it has posted gains against most of the majors. This is largely due to the fact that the Federal Reserve has finally let out its announcements and the dollar has benefited from some favorable economic data. The NAHB Housing market increased to 16.00 instead of the expected 13.00, and the TIC Net Long-term Transactions data also came out much better than expected at 128.70B instead of the projected 47.5B. Dow Jones gained by 0.48%, NASDAQ gained by 0.73%, crude oil gained by 2.3% to close at $83 per barrel, and gold gained by a small margin to close at $1,372 per ounce.

The euro declined versus the dollar, with the EUR/USD pair trading at a low of 1.3830 and a high of 1.3999. The British pound also fell versus the dollar, and the GBP/USD pair traded at a low of 1.5834 and a high of 1.5993. The USD/JPY pair traded at a low of 81.12 and a high of 81.39.