The Federal Reserve’s FOMC meeting is expected to result in a 25-basis-point cut to the Fed funds rate trading range, the first since November 2024. Gold and silver markets saw profit-taking and position-evening ahead of the meeting. The Euro currency is trading near a four-year high while the U.S. dollar index hit a nine-week low. December U.S. Treasury bond futures prices hit a nearly six-month high. The S&P 500 and Nasdaq stock indexes hit record highs during turbulent trading months. The grain markets have perked up, led by corn and winter wheat futures. Lower U.S. interest rates are bullish for grain markets.

Read more at Yahoo Finance: How Gold, Grains, the U.S. Dollar, and Other Futures Markets Could React to the Fed Meeting Today