The US Federal Reserve’s balance sheet expanded to record $4.7 trillion this week, having increased by $356 billion in the previous week. That was the largest weekly increase ever, according to Charlie Bilello, founder and CEO of Compound Capital Advisors. The sudden surge could be associated with the $1.5 trillion repo operation the bank conducted last week. The balance sheet expansion seen during the previous crisis had boded well gold. At press time, the yellow metal is trading at $$1,477 per Oz, representing a 0.40% gain. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next PBOC sets Yuan reference rate at 7.1052 FX Street 2 years The US Federal Reserve's balance sheet expanded to record $4.7 trillion this week, having increased by $356 billion in the previous week. That was the largest weekly increase ever, according to Charlie Bilello, founder and CEO of Compound Capital Advisors. The sudden surge could be associated with the $1.5 trillion repo operation the bank conducted last week. The balance sheet expansion seen during the previous crisis had boded well gold. At press time, the yellow metal is trading at $$1,477 per Oz, representing a 0.40% gain. 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.
