Richmond Fed President Thomas Barkin on Tuesday said that the Federal Reserve’s monetary policy was in a “mildly accommodative place,” following this year’s rate cuts. “Current level of inflation is not the worst outcome given that expectations seem well-anchored,” Barkin added. These comments had little to no impact on the USD’s market valuation. As of writing, the US Dollar Index, which tracks the greenback’s value against a basket of six major currencies, was up 0.1% on the day at 98.30. 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 GBP/USD technical analysis: Cable clings to daily highs near 1.2865 after London close FX Street 3 years Richmond Fed President Thomas Barkin on Tuesday said that the Federal Reserve's monetary policy was in a "mildly accommodative place," following this year's rate cuts. "Current level of inflation is not the worst outcome given that expectations seem well-anchored," Barkin added. These comments had little to no impact on the USD's market valuation. As of writing, the US Dollar Index, which tracks the greenback's value against a basket of six major currencies, was up 0.1% on the day at 98.30. 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.
