By the time European traders returned to their desks Tuesday morning after the long weekend holiday, the US dollar already gave back all of its non-farm payrolls related gains to trade at approximately 1.3415 against the euro.

Non-farm payrolls for the month of March are due out this Friday and judging from our NFP leading indicators, we could be setting up for a sharp rebound in job growth.

The service sector ISM index dropped to a four year low in the month of March while factory orders grew by a weaker than expected 1 percent in the month of February.

The combination of thin trading conditions, stronger economic data and subsiding tensions in the Middle East were enough to drive the dollar higher on what was otherwise a quiet trading day.

In an unexpected twist, what should have been a relatively quiet Friday turned out to be an extremely volatile one.

In the past few years, determining the theme in the currency markets was simple – the prevailing sentiment was either pro dollar or anti dollar. That's not true today.

The US dollar was widely lower following a rather lackluster consumer confidence number released in the New York morning.

The US dollar was higher against the majors today, retracing some losses on yesterday run up to the Federal Reserve announcement.

The greenback gained on the euro, yen and Canadian dollar but dropped against the British pound on hawkish undertones in the UK.

A crazy day in the markets for any trader, as the US dollar looks to end mixed against most of the majors in New York.