Throughout the US session the green Benjamin gains back some strength but slightly as a result of technical movements after that it lost appeal and fell versus the euro earlier throughout the prior session after Federal Reserve Bank of St. Louis President James Bullard said policy makers should keep buying bonds as the best available option to boost slower-than-forecast growth.

As a result the euro fell faintly against the dollar and remains on plunging slightly to the downside on the four and one-hour charts as a result of the current technical movements and strengthened dollar sending in fact the EUR/USD pair to trade around $1.2906 while recording the highest level of $1.2932 and lowest level of $1.2840, knowing that the pair may start to rise as shown on the four-hour momentum indicators. The trading range for today is among the key support at 1.2475 and key resistance at 1.2990.

As for the British Pound, it is also declining on correctional movements and pulled by a stronger Benjamin driving the GBP/USD pair to trade around $1.5152 while recording the highest level of $1.5275 and lowest of $1.5111 and is most probably going to stay at this low level as witnessed at several time scale within the stochastic oscialltor. The trading range for today is among key support at 1.4995 and key resistance at 1.5285.

Finally the USD/JPY pair is pulled to the downside around ¥102.49 while recording the highest level of ¥102.87 and lowest levels of ¥102.06 but is highly projected to show a strong drop to the downside according to the one-hour stochastic oscillator. The trading range for today is among key support at 101.15 and key resistance at 103.75.

Rescue crews searched for survivors in the rubble of the flattened city Tuesday with more storms predicted to come after a 2-mile-wide tornado assaulted the Oklahoma City area, leaving behind a path of destruction, with many flattened neighborhoods.

At least two dozen people were reported killed. Earlier estimates were much higher, but the Oklahoma Medical Examiner`s Office revised the estimate down.

Gov. Mary Fallin told CNBC on Tuesday that she`s "instructed everyone to make sure first and foremost, we are looking under every single piece of debris we find in all the homes and buildings ... to find anyone that might still be alive and injured."

Chuck Watson, director of research and development at Kinetic Analysis said in an interview with CNBC today that "We`re still trying to piece together what the track and intensity it was, but the early computer model estimates are $1.2 billion to $2 billion."

He added that he`d be surprised if the damaged topped $2 billion. Kinetic Analysis uses computer modeling and analysis to predict losses from natural disasters.

The governor said, "It`s going to take a long time to get all this cleaned up, to rebuild the structures. We have five schools that were hit with this storm and we lost several schools totally. The hospital was hit. A huge movie theater was hit. Many different buildings, including the bank were destroyed."

The Storm Prediction Center in Norman, Okla., forecast more stormy weather for Tuesday, predicting golf ball-sized hail, powerful winds and isolated, strong tornadoes for parts of Texas, Arkansas, Louisiana and parts of Oklahoma other than the Moore area.

European stocks ended slightly higher, yet below record highs on Tuesday, with Britain’s FTSE 100 shooting past its 13-year high amidst a barrage of company results, and continued stimulus support from world central banks.

Such stimulus by global central banks - including asset purchases and ultra low interest rates - has been the key driver of equity market gains over the past year.  

London`s benchmark FTSE 100 index added 0.71 percent to 6,803.87 points, surpassing the 13-year closing high point reached a day earlier. 

Carnival, the world’s largest cruise operator, slid 5.9 percent. Daimler AG declined 2.1 percent as a gauge of automakers fell from the highest close since 2007. Marks & Spencer Group Plc rallied 4.8 percent after saying it will reduce capital spending in an effort to boost profit margins.

Capita Plc jumped 6.2 percent to 1,008 pence, the highest price since at least 1989, as the company said Telefonica SA’s O2 mobile-phone unit selected it as the preferred bidder for a 10-year customer-services contract worth about 1.2 billion pounds. The provider of criminal-records services for the U.K. Home Office raised its forecast for so-called organic-revenue growth in 2013.

London`s benchmark FTSE 100 index added 0.71 percent to 6,803.87 points, surpassing the 13-year closing high point reached a day earlier. 

STOXX 600 ended higher today by 0.07% at 309.99; STOXX 50 ended lower by 0.10% at 2821.65.

CAC 40 Index  

The French benchmark index ended in the green today to settle at 4036.18, higher by 13.33 points or 0.33%. The index opened at 4007.94 recording a high of 4036.18 and a low of 3991.38. Within the index, 25 shares ended higher and 15 declined.

The best performers in terms of added value to the index were led by Technip which inclined 3.66% to settle at €86.85. Following was Schneider Electric SA which surged 2.25% to settle at €61.54, while coming in third was STMicroelectronics NV which rose 2.09% to close at €7.68.

DAX Index  

German equities advanced today where the benchmark index DAX 30 ended higher by 16.37 points or 0.19% to close at 8472.20. The index opened at 8446.78 recording a high of 8476.18 and a low of 8397.54. Within the index, 19 ended higher and 11 ended lower.  

Driving the index higher by contributing the most to the index today were led by Infineon Technologies AG that gained 2.91% to €6.64; following was by E.ON SE as it added 2.08% to €13.23 and BASF SE which added 1.91% to €75.35.

FTSE 100 Index  

The British benchmark index ended the day higher to settle at 6803.87 with a gain of 48.24 points or 0.71%. The index opened the day at 6755.63 setting the high of 6803.87 and the low of 6744.20. Among the listed shares, 68 ended higher and 31 declined, while 2 shares were unchanged.

Leading shares in terms of contribution today started with Polymetal International PLC which surged 8.43% to close at £669.00; following was Marks & Spencer which added 6.22% to end trading at £467.90 and Capita PLC which added 5.90% to close at £1005.00.