Bloomberg’s latest quarterly review of the monetary policy covering 90% of the world economy states that major western central banks such as the Federal Reserve and European Central Bank are likely to maintain ultra-easy monetary policy this year despite expectations for coronavirus-vaccine-led global economy recovery. That should bode well for gold, a store of value asset, and weigh over safe havens like the US dollar. While western central banks are expected to maintain the status quo, central banks in China, India, Russia, and Mexico are predicted to cut rates. 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 EUR/GBP bid as UK battles new coronavirus variant FX Street 2 years Bloomberg's latest quarterly review of the monetary policy covering 90% of the world economy states that major western central banks such as the Federal Reserve and European Central Bank are likely to maintain ultra-easy monetary policy this year despite expectations for coronavirus-vaccine-led global economy recovery. That should bode well for gold, a store of value asset, and weigh over safe havens like the US dollar. While western central banks are expected to maintain the status quo, central banks in China, India, Russia, and Mexico are predicted to cut rates. 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.