The Federal Reserve Bank of New York announced on Friday that it will purchase approximately $5 billion in Treasury securities every day next week. With this decision, the total amount of weekly purchases will be lowered to $25 billion from $30 billion this week. Market reaction This announcement had little to no impact on the USD’s performance against its major rivals. As of writing, the US Dollar Index was up 0.42% on a daily basis at 99.84. Despite Friday’s recovery, the index remains on track to finish the week around 0.5% lower. 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 rejected at 0.9000, attempting to find support at 0.8930 FX Street 3 years The Federal Reserve Bank of New York announced on Friday that it will purchase approximately $5 billion in Treasury securities every day next week. With this decision, the total amount of weekly purchases will be lowered to $25 billion from $30 billion this week. Market reaction This announcement had little to no impact on the USD's performance against its major rivals. As of writing, the US Dollar Index was up 0.42% on a daily basis at 99.84. Despite Friday's recovery, the index remains on track to finish the week around 0.5% lower. 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.
