While speaking at an event in Toronto, Dallas Fed President Robert Kaplan argued that the recent economic slowdown was due more to trade uncertainty and global weakness rather than the Federal Reserve’s monetary policy. “Risks to forecast are to the downside,” Kaplan added. “We are watching credit conditions, which are currently robust, and the treasury curve. The downward move in the curve has been stimulative.” Kaplan’s remarks failed to help the Greenback recover the losses it suffered against its major rivals today. As of writing, the US Dollar Index was down 0.47% on the day at 98.50. 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 ECB’s Rehn: Can push the policy rate into negative territory FX Street 4 years While speaking at an event in Toronto, Dallas Fed President Robert Kaplan argued that the recent economic slowdown was due more to trade uncertainty and global weakness rather than the Federal Reserve's monetary policy. "Risks to forecast are to the downside," Kaplan added. "We are watching credit conditions, which are currently robust, and the treasury curve. The downward move in the curve has been stimulative." Kaplan's remarks failed to help the Greenback recover the losses it suffered against its major rivals today. As of writing, the US Dollar Index was down 0.47% on the day at 98.50. 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.
