Commenting on the Federal Reserve’s monetary policy actions, “This year’s interest rate cuts have been very effective,” said John Williams, president of the Federal Reserve Bank of New York and noted that the policy is now well-positioned. “The US economy is in a very good place,” Williams stated. “The Fed is very close to achieving the 2% inflation goal on a sustained basis.” These comments had little to no effect on the USD’s market valuation. As of writing, the US Dollar Index was virtually unchanged on the day at 97.80. 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 AUD/USD technical analysis: Jumps to 3-day tops, back closer to 100-DMA FX Street 3 years Commenting on the Federal Reserve's monetary policy actions, "This year's interest rate cuts have been very effective," said John Williams, president of the Federal Reserve Bank of New York and noted that the policy is now well-positioned. "The US economy is in a very good place," Williams stated. "The Fed is very close to achieving the 2% inflation goal on a sustained basis." These comments had little to no effect on the USD's market valuation. As of writing, the US Dollar Index was virtually unchanged on the day at 97.80. 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.
