Bloomberg’s US Financial Conditions Index, a measure of stress in the markets, has deteriorated to -2.882, its worst level since the great financial crash of 2008/09. The decline will put pressure on the Federal Reserve to cut rates by 50 basis points next week. The central bank delivered a 50 basis point cut last week, but the move failed to bring cheer to the markets. US stocks plunged by over 8% on Monday as coronavirus-led risk-off intensified with the oil price crash. 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 Bitso exec speaks on how Ripple partnership has helped the exchange FX Street 3 years Bloomberg's US Financial Conditions Index, a measure of stress in the markets, has deteriorated to -2.882, its worst level since the great financial crash of 2008/09. The decline will put pressure on the Federal Reserve to cut rates by 50 basis points next week. The central bank delivered a 50 basis point cut last week, but the move failed to bring cheer to the markets. US stocks plunged by over 8% on Monday as coronavirus-led risk-off intensified with the oil price crash. 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.
