🔴 UVIX is trading 3.5% down today as volatility eases following the Fed rate decision

UVIX is trading 3.5% down today as equity volatility continues to ease following the Federal Reserve’s decision to hold interest rates unchanged.

• Overnight index futures are trading modestly higher as risk sentiment stabilizes, prompting traders to unwind long-volatility positions built around recent Fed and geopolitical headlines.
• The downward move in the 2x leveraged VIX futures ETF reflects a broader cooling of market anxiety as investors pivot away from defensive hedging.