Market participants continue to see exaggerated volatility and knee-jerk reactions to the most recent statement from the Federal Reserve. The U.S. dollar has been trading under extreme pressure for over six months.

In a statement released by the Federal Reserve today, members said they would, as expected, leave the current Federal Funds rate unchanged.

Gold is currently trading under moderate pressure today, as market participants seek to pull short-term profits. Gold has been in a defined rally mode, which began around July 9^th.