US President Donald Trump crossed the wires in the last minutes arguing that the Fed needs to be proactive and cut interest rates. Regarding the tax cuts, Trump said his administration is looking at possible options. “We are always looking at payroll tax,” Trump added and noted that the US was ‘very far’ from a recession. Hopes of tax cuts seem to be helping the US Treasury bond yields to recover from its lowes. At the moment, the 10-year T-bond yield is still down 2.45% on the day and the US Dollar Index is down 0.2% at 98.17. Regarding the US-China trade dispute, Trump repeated that he is not yet ready to make a deal with China. 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/USD technical analysis: Euro nearing the weekly high as the Greenback loses steam FX Street 4 years US President Donald Trump crossed the wires in the last minutes arguing that the Fed needs to be proactive and cut interest rates. Regarding the tax cuts, Trump said his administration is looking at possible options. "We are always looking at payroll tax," Trump added and noted that the US was 'very far' from a recession. Hopes of tax cuts seem to be helping the US Treasury bond yields to recover from its lowes. At the moment, the 10-year T-bond yield is still down 2.45% on the day and the US Dollar Index is down 0.2% at 98.17. Regarding the… 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.