FXstreet.com (Barcelona) - The Dollar has soared across the board during today's session following the Federal Reserve's surprise decision to hike its discount rate to 0.75% from 0.50% which sent the Greenback to nine-month high against the Euro and the Pound. The EUR/USD extended its decline from Wednesday's high at 1.3790, plunging from 1.3620, to a fresh 9-month low at 1.3444. From there, the pair has consolidated and one euro is fetching around 1.3508 dollars. The GBP/USD's decline from 1.5815 has extended after the Fed's rate hike, with the Sterling diving from 1.5630 area to hit 1.5343, the lowest level since May last year. The pair is currently trading around 1.5400. The USD/JPY's rebound from 90.55 extended higher after Fed's decision jumping from 91.15 to a 5-week high at 92.10. Commodity prices and stock markets were hammered have been dampened as Dollar soared. Gold Prices dropped from $1,124 to $1,100 session low, while U.S. crude oil futures fell 1.4 percent to $77.97.

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