Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, crossed the wires in the last minutes arguing that it would be appropriate for the Fed to use quantitative easing (QE) if the economy were to go into a recession. Kashkari further added that he does not yet know by how much the Fed should cut interest rates. The US Dollar Index, which tracks the USD’s performance against a basket of six major currencies, largely ignored these comments and was last down 0.05% on the day at 98.80. 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 Australia: Stabilization in trade tensions to drive up business sentiment? – TD Securities FX Street 3 years Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, crossed the wires in the last minutes arguing that it would be appropriate for the Fed to use quantitative easing (QE) if the economy were to go into a recession. Kashkari further added that he does not yet know by how much the Fed should cut interest rates. The US Dollar Index, which tracks the USD's performance against a basket of six major currencies, largely ignored these comments and was last down 0.05% on the day at 98.80. 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.
