US President Donald Trump, once again, called upon the Fed to lower its interest rate. “The economy is doing really well. The Federal Reserve can easily make it record setting!” Trump argued via Twitter. “The question is being asked, why are we paying much more in interest than Germany and certain other countries? Be early (for a change), not late. Let America win big, rather than just win!” The US Dollar Index, which slumped to a daily low of 98.08 earlier in the session following the disappointing PMI figures, easily recovered its losses on the back of hawkish Fed commentary and is now posting small daily gains at 98.30. In an interview with CNBC, Philly Fed President Harker said that he did not see the need for further stimulus at the moment, echoing Kansas Fed President George, who told Bloomberg she would prefer to leave the rates unchanged. 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 Litecoin technical analysis: LTC/USD bearish flag structure subject to a breakout FX Street 4 years US President Donald Trump, once again, called upon the Fed to lower its interest rate. "The economy is doing really well. The Federal Reserve can easily make it record setting!" Trump argued via Twitter. "The question is being asked, why are we paying much more in interest than Germany and certain other countries? Be early (for a change), not late. Let America win big, rather than just win!" The US Dollar Index, which slumped to a daily low of 98.08 earlier in the session following the disappointing PMI figures, easily recovered its losses on the back of hawkish Fed commentary… 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.
