Dow Jones Surge, US Greenback Drops as Fed Unleashes Large Liquidity Pump

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Dow Jones Surge, US Greenback Drops as Fed Unleashes Large Liquidity Pump

US Greenback Evaluation & InformationShares Soar on Fed Liquidity PumpFederal Reserve to Present $1.5trillion Price of USD Li


US Greenback Evaluation & Information

  • Shares Soar on Fed Liquidity Pump
  • Federal Reserve to Present $1.5trillion Price of USD Liquidity
  • USD Pulls Again from Intra-day Highs

World Shares Soar as Federal Reserve Unleashes Large Liquidity Pump

The New York Fed have introduced that it’s going to present $1.5 Trillion price of greenback liquidity, which can take form by way of a $500bln 3-month repo operation right now and tomorrow, alongside a $500bln 1-month operation tomorrow. Alongside this, between March 13 and April 13, 2020, the Fed will conduct purchases throughout a variety of maturities to roughly match the maturity composition of Treasury securities excellent. In response, the US Dollar has pulled again with US equities bouncing off intra-day lows. Questions nevertheless will stay as as to if this can ease issues over the continued unfold of coronavirus.

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Dow Jones Surge, US Dollar Drops as Fed Unleashes Huge Liquidity Pump

— Written by Justin McQueen, Market Analyst

Observe Justin on Twitter @JMcQueenFX





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