The ECB meeting brought no change in monetary policy and only vague promises related to September. While the ECB is likely to act amid weakening economic outlook, this is certainly below expectations that ballooned over the past few days. As a result we observe DE30 tumbling by nearly 2% and EURUSD recovering from 1.11 to 1.1180.
Daily Summary: Bessent Shakes the Market – Dollar Down Sharply, Gold Up 3.5% (19.08.2026)
Dollar weakens by 0.8%
Will Europe make it before winter?
Daily Summary: Nasdaq at 1-week low, gold and silver erase gains (18.08.2026)