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Stock Market Videos: Markets Lower On Yen, All Eyes On Fed

The markets are lower today after Japan intervened in the currency market on behalf of the Yen. This spiked the U.S. Dollar which in turned caused the markets to drop. Aside from an initial gap lower, the markets have gone sideways and are asleep. This is because all eyes are on the Federal Reserve policy statement on Wednesday. Financial stocks are leading the market decline on the back of MF Global's bankruptcy filing. Apple is one of the bright spots today, the stock is higher by half a percent. Short swing trades are paying off nicely with already half the profit taken on the FXE short.    ...Continue reading here: bit.ly/u304wF