Wall Street declines for fourth day as digestion of the Non taper decision

FXstreet.com (San Francisco) - The US stocks market closed mixed but falling to daily lows in the Tuesday's closing bell as investors are digesting the Fed's non taper announcement. Overall, the sentiment is wait-and-see as market players are waiting for more hints on Fed plans.

Early in the day, US shares reverted the negative start following mixed bag of results from consumer confidence and housing sector. However the major indexes fell into intra-day lows just ahead the close. The S&P closed below the 1,700 level.

The Dow Jones declined 66.79 points or 0.43% to end the day at 15,334.59. The S&P 500 lost 4.42 pts or 0.26% to finish its forth negative day in a row at 1,697.42; and the Nasdaq Composite holds in the positive field with 2.96 pts or 0.08% daily gains to 3,768.25.

AUD/USD cautious bulls denied

AUD/USD attempted .9400 on a build up in Europe but was suffocated by bears at .9410.
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EUR/USD breaks upward trendline; close to 1.3470

EUR/USD dipped below the 1.3470 zone momentarily at the closing of Wall Street. The pair maintains 8-month altitudes but hovers right above the upward trendline that originated last September 5th.
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