December 12, 2025
SNB boosts Swiss franc
The U.S dollar slumped, hitting multi-month lows against the euro, Swiss franc, and sterling and extending losses from the previous session after the Federal Reserve delivered a less hawkish outlook than some had expected.
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December 12, 2025
Silver surged to a record high
Gold rose to hit its highest level in more than a month after the U.S. Federal Reserve’s quarter-point rate cut pushed the dollar lower, while silver surged to a record high. U.S. gold futures for February delivery settled 2.1% higher.
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December 12, 2025
Oracle AI shock overshadows Fed relief
The tech-heavy Nasdaq Composite Index lost ground, as Oracle’s financial update sent investors away from many artificial intelligence-related stocks while the Dow hit a record high as investors rotated into value stocks after a Federal Reserve policy update that was less hawkish than expected.
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December 11, 2025
Dollar loses ground against Euro after Fed cuts rates
The U.S. dollar extended losses against major peers including the euro, Swiss franc, and Japanese yen after the Federal Reserve lowered interest rates in a widely expected move. The greenback lost ground against peer currencies immediately after the Fed’s announcement.
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December 11, 2025
Divided Fed cuts rates as expected, but sees only one reduction in 2026
The Federal Reserve cut interest rates on Wednesday in another divided vote, but signaled it will likely pause further reductions in borrowing costs as officials look for clearer signals about the direction of the job market and inflation that “remains somewhat elevated.”
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December 11, 2025
GameStop quarterly revenue misses estimates
GameStop posted Q3 revenue below estimates, as the video game retailer struggles to gain ground following its pivot to digital downloads and streaming, sending its shares down. The company booked a $9.2 million loss thanks to bitcoin’s price decline over the three month period.
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