The Federal Reserve’s emergency facilities demonstrate its commitment to preventing lasting damage to the economy, John Williams, President of the Federal Reserve Bank of New York, said on Thursday. “The scale and the reach of the Fed’s response is an indication of the gravity and unique nature of the situation,” Williams added. “The relatively low take-up of the Fed’s facilities is a measure of success.” Market reaction The US Dollar Index largely ignored these comments and was last seen losing 0.05% on the day at 96.00. 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 Coronavirus update US: Arizona cases rise by 3,259 to 134,613 FX Street 3 years The Federal Reserve's emergency facilities demonstrate its commitment to preventing lasting damage to the economy, John Williams, President of the Federal Reserve Bank of New York, said on Thursday. "The scale and the reach of the Fed's response is an indication of the gravity and unique nature of the situation," Williams added. "The relatively low take-up of the Fed's facilities is a measure of success." Market reaction The US Dollar Index largely ignored these comments and was last seen losing 0.05% on the day at 96.00. 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.