In his second day of testimony before the Committee on Banking, Housing, and Urban Affairs, FOMC Chairman Jerome Powell said that they will be announcing something fairly soon on the balance sheet plan and explained that the size of the balance sheet would be driven by demand for liabilities. Furthermore, Powell reiterated that the Fed would stay patient and would continue to watch the economy evolve. With the initial market reaction, the greenback weakened modestly against its rivals and the US Dollar Index was last down 0.06% on the day at 95.98. 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 EIA: Commercial crude oil inventories decreased by 8.6 million barrels from previous week FX Street 4 years In his second day of testimony before the Committee on Banking, Housing, and Urban Affairs, FOMC Chairman Jerome Powell said that they will be announcing something fairly soon on the balance sheet plan and explained that the size of the balance sheet would be driven by demand for liabilities. Furthermore, Powell reiterated that the Fed would stay patient and would continue to watch the economy evolve. With the initial market reaction, the greenback weakened modestly against its rivals and the US Dollar Index was last down 0.06% on the day at 95.98. 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.
