Treasury Secretary nominee Janet Yellen has said that the US believes in market-determined exchange rates. She has added that the US under president-elect Joe Biden will not seek a weaker dollar to gain a competitive advantage and they will both work to address countries who do so. The former Fed Chair has also spoken about China, characterizing it as an important and strategic competitor. She has said that she will work with allies to confront Beijing and take on the country’s abusive, unfair and illegal practices. Yellen is testifying before the Senate Finance Committee. 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 NZD/USD retreats to 0.7100 as US dollar recovers and Wall Street trims gains FX Street 2 years Treasury Secretary nominee Janet Yellen has said that the US believes in market-determined exchange rates. She has added that the US under president-elect Joe Biden will not seek a weaker dollar to gain a competitive advantage and they will both work to address countries who do so. The former Fed Chair has also spoken about China, characterizing it as an important and strategic competitor. She has said that she will work with allies to confront Beijing and take on the country's abusive, unfair and illegal practices. Yellen is testifying before the Senate Finance Committee. 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.
