EURUSD breakout!

Beginner Questions
1

Please somebody explain (on the basis of Fundamental analysis) why there was a big breakout in EURUSD (also in USDJPY) price at around 14:00 EDT on 30 Oct 2013…

2

*(On 15min or 30min chart.)

3

FOREX-Dollar gains versus euro, yen after Fed statement

4

Part of the end of day analysis that I complete is the change in price from open to close, 00.00 to 21.00 gmt.

It is surprising how we all remember the headline movements, Eur/Usd is, like many of the other crosses, back to where it began the day - 2 big exceptions (of the 10 crosses that I watch) are Usd/Jpy up 38 and Eur/Jpy up 45 - helps me know where any weakness lies.

5

Yeah I think that was an effect of the FOMC statement. I just don’t know why it was dollar positive though. Didn’t they keep stimulus unchanged?

6

Thanks everyone !!!

Need to know about FOMC,having such a big impact.