There are indications that the economic recovery is slowing down in states experiencing large-scale coronavirus outbreak, New York Federal Reserve Bank President John Williams said on Tuesday. “The economy is still far from healthy and a full recovery will likely take years,” Williams added. “We’ve likely seen the low point of the downturn.” Market reaction The US Dollar Index, which came under heavy selling pressure amid month-end flows, ignored these comments and was last seen losing 0.08% on the day at 97.40. 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 Stellar Technical Analysis: XLM/USD bounce is underway, but still a lot of resistance towards $0.072 FX Street 2 years There are indications that the economic recovery is slowing down in states experiencing large-scale coronavirus outbreak, New York Federal Reserve Bank President John Williams said on Tuesday. "The economy is still far from healthy and a full recovery will likely take years," Williams added. "We've likely seen the low point of the downturn." Market reaction The US Dollar Index, which came under heavy selling pressure amid month-end flows, ignored these comments and was last seen losing 0.08% on the day at 97.40. 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.
