“Markets seem to be pricing in the very worst outcome and I’m not sure that’s warranted,” St. Louis Federal Reserve bank president James Bullard (non-voter) argued on Friday. Commenting on the strong labour market data, which showed an increase of 273K in Nonfarm Payrolls in February, “jobs report shows the economy was in good shape in February,” Bullard said. “If we get control of the virus, everything will return to the very strong economy we had earlier this year.” Market reaction The US Dollar Index has recovered modestly in the last hour and was last seen at 96.12, still down 0.5% on a daily basis. 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 AUD/USD consolidates the gains below 0.6650 amid falling oil, gold prices FX Street 2 years "Markets seem to be pricing in the very worst outcome and I’m not sure that’s warranted," St. Louis Federal Reserve bank president James Bullard (non-voter) argued on Friday. Commenting on the strong labour market data, which showed an increase of 273K in Nonfarm Payrolls in February, "jobs report shows the economy was in good shape in February," Bullard said. "If we get control of the virus, everything will return to the very strong economy we had earlier this year." Market reaction The US Dollar Index has recovered modestly in the last hour and was last seen at 96.12, still down 0.5%… 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.
