The US consumers are still spending but they are shifting from high-contact industries to other forms of consumption, Dallas Federal Reserve Bank President Robert Kaplan said on Friday. Additional takeaways “Seeing US DDP down 4.5% for 2021, unemployment rate falling to between 8% to 9%.” “Expiration of unemployment benefits makes this time of great hardship and stress for lower-income workers who have lost jobs.” “Now more than ever, we need to study the experience of other countries to learn what the US can do better.” Market reaction The US Dollar Index continues to erase its losses and just recently turned flat on the day at 93.24. 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 US Justice Department: Disrupted multi-million dollar fuel shipment by Iran bound for Venezuela FX Street 2 years The US consumers are still spending but they are shifting from high-contact industries to other forms of consumption, Dallas Federal Reserve Bank President Robert Kaplan said on Friday. Additional takeaways "Seeing US DDP down 4.5% for 2021, unemployment rate falling to between 8% to 9%." "Expiration of unemployment benefits makes this time of great hardship and stress for lower-income workers who have lost jobs." "Now more than ever, we need to study the experience of other countries to learn what the US can do better." Market reaction The US Dollar Index continues to erase its losses and just recently turned flat on the day at 93.24. 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.
