The US economy past the initial shock from the coronavirus pandemic and the main impact is likely to be felt in the second quarter, St. Louis Federal Reserve President James Bullard told Fox Business on Tuesday. Bullard further noted that he expects the unemployment rate to come under double digits by the end of the year. Market reaction These comments were largely ignored by market participants. As of writing, the US Dollar Index was down 0.75% on the day at 99.05. Meanwhile, Wall Street’s three main indexes were up between 0.7% and 2.65%. 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 Facebook’s Calibra wallet will now be called Novi and thats not all FX Street 3 years The US economy past the initial shock from the coronavirus pandemic and the main impact is likely to be felt in the second quarter, St. Louis Federal Reserve President James Bullard told Fox Business on Tuesday. Bullard further noted that he expects the unemployment rate to come under double digits by the end of the year. Market reaction These comments were largely ignored by market participants. As of writing, the US Dollar Index was down 0.75% on the day at 99.05. Meanwhile, Wall Street's three main indexes were up between 0.7% and 2.65%. 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.
