6:05 PM · 31 July 2019

EURUSD dives below 1.11 after the Fed decision

The FOMC decided to cut interest rates by 25 bps at the July meeting and end a program of balance sheet reduction. However, markets were seeing a small chance for even more action in terms of 50 bps cut. Meanwhile, 2 members preferred no cut at all, suggesting possibly less space for future cuts. EURUSD sunk below 1.11 and gold prices slid as a result. Fed’s Powell conference will begin at 7:30pm BST.

12 February 2026, 7:03 PM

Daily summary: Silver plunges 9% 🚨Indices, crypto and precious metals under pressure

12 February 2026, 5:01 PM

US100 loses 1.5% 📉

12 February 2026, 3:40 PM

US Open: Cisco Systems slides 10% after earnings 📉 Mixed sentiments on Wall Street

12 February 2026, 1:31 PM

BREAKING: US jobless claims slightly higher than expected

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