Dallas Federal Reserve Bank President Robert Kaplan said on Wednesday that there is still a lot of labour slack in the US and added that it will take a while to get back to full employment, as reported by Reuters. “Once we’ve weathered the pandemic and are meeting other benchmarks, I will advocate for removing extraordinary measures,” Kaplan reiterated. “It makes sense the 10-year Treasury yield drifts up this year, not alarming.” Market reaction Kaplan’s hawkish comments don’t seem to be helping the greenback gather strength. As of writing, the US Dollar Index was posting small daily losses at 91.79. 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 Lagarde speech: US fiscal response to lift European GDP by 0.3% over medium term FX Street 2 years Dallas Federal Reserve Bank President Robert Kaplan said on Wednesday that there is still a lot of labour slack in the US and added that it will take a while to get back to full employment, as reported by Reuters. "Once we've weathered the pandemic and are meeting other benchmarks, I will advocate for removing extraordinary measures," Kaplan reiterated. "It makes sense the 10-year Treasury yield drifts up this year, not alarming." Market reaction Kaplan's hawkish comments don't seem to be helping the greenback gather strength. As of writing, the US Dollar Index was posting small daily losses at 91.79. 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.
