BREAKING: Stocks close to daily highs after the FOMC decision

The Fed decided to maintain key interest rate – in line with expectations but the IOER rate has been increased by 5 bps to 1.6%. The Fed will continue the repo operations at least through April and this IOER move could be the first tiny move towards the exit strategy. Market response is very limited so far: US500 is close to daily highs and EURUSD fights with 1.10.

Traders should remember that major market reactions could take place during the post-FOMC conference that begins at 7:30pm GMT. Investors will be watching for any remarks regarding repo operations and the virus impact. Also, we still wait for quarterly reports from Facebook and Tesla today in the evening.

13 October 2025, 7:00 PM

Daily summary: Precious metals euphoria continues unabated 📈

13 October 2025, 5:30 PM

BREAKING: China issues implementation rules on port fees on US ships

13 October 2025, 3:28 PM

US OPEN: "Green" Start to the Week on Wall Street

13 October 2025, 2:19 PM

GOLD is breaking new records 📈

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BREAKING: Stocks close to daily highs after the FOMC decision

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