Read more
7:20 PM · 5 January 2022

BREAKING: EURUSD lower after FOMC Minutes

-
-
Open account Download free app

Minutes from the FOMC meeting that took place in December has just been released. Markets were primarily focused on discussions around Fed's balance sheet and what is the future outlook for QE taper and potential winding down of balance sheet. The meeting minutes showed the Fed discussing reducing its balance sheet shortly after it raises rates later this year. 

Here are key takeaways from the document:

  • Many participants judged that the appropriate pace of balance sheet runoff would likely be faster than previously
  • Participants saw economy fixed to slow as latest pandemic wave hits and supply issues to last longer
  • Some participants also noted that it could be appropriate to begin to reduce the size of the Federal Reserve’s balance sheet relatively soon after beginning to raise the federal funds rate.
  • Participants generally noted that, given their individual outlooks for the economy, the labor market, and inflation, it may become warranted to increase the federal funds rate sooner or at a faster pace than participants had earlier anticipated.
  • Job market conditions were still far from Fed's goal
The market reaction to today's FOMC Minutes is moderate.  Dollar strengthens and stock moved lower. We can see some pressure on precious metals as 10-year yields jumped to 1.70%.

EURUSD broke below the 1.1335 level after FOMC Minutes and is heading towards next support level at 1.1300. Source:xStation5  

11 February 2026, 6:28 PM

Daily Summary - Powerful NFP report could delay Fed rate cuts

11 February 2026, 1:31 PM

BREAKING: US100 jumps amid stronger than expected US NFP report

11 February 2026, 8:30 AM

Economic calendar: NFP data and US oil inventory report 💡

11 February 2026, 6:33 AM

Morning Wrap: Dollar in a trap, all eyes on NFP 🏛️(February 11, 2026)

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits