The Federal Reserve could reinstate its commercial paper funding facility, which was last used during the 2007-2009 financial crisis, to provide liquidity, Reuters reported on Tuesday, citing two sources with knowledge of the matter. According to the sources, the announcement on the relaunch of the Commercial Paper Funding Facility (CPFF) could be made as early as Tuesday. USD reaction The US Dollar Index edged lower slightly on this headline and was last seen at 99.40, still up around 1.4% on the day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CHF rallies to over 2-week tops, beyond 0.9600 mark FX Street 2 years The Federal Reserve could reinstate its commercial paper funding facility, which was last used during the 2007-2009 financial crisis, to provide liquidity, Reuters reported on Tuesday, citing two sources with knowledge of the matter. According to the sources, the announcement on the relaunch of the Commercial Paper Funding Facility (CPFF) could be made as early as Tuesday. USD reaction The US Dollar Index edged lower slightly on this headline and was last seen at 99.40, still up around 1.4% on the day. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
