“We don’t need to use negative rates in the US for the circumstances we are in,” New York Fed President John Williams argued on Tuesday and noted that yield curve control is viewed as a way to support forward guidance. “The low take-up of some emergency facilities is a sign of success, means markets are functioning well,” Williams added. “The Fed is there and ready with facilities up and running if financial conditions worsen.” Market reaction The US Dollar Index paid little to no mind to these comments and was last seen losing 0.18% on the day at 97.29. 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 USD/CAD accelerates its downtrend and dives to levels near 1.3600 FX Street 2 years "We don't need to use negative rates in the US for the circumstances we are in," New York Fed President John Williams argued on Tuesday and noted that yield curve control is viewed as a way to support forward guidance. "The low take-up of some emergency facilities is a sign of success, means markets are functioning well," Williams added. "The Fed is there and ready with facilities up and running if financial conditions worsen." Market reaction The US Dollar Index paid little to no mind to these comments and was last seen losing 0.18% on the day at 97.29. 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.
