{"id":17327,"date":"2020-03-24T04:17:40","date_gmt":"2020-03-24T04:17:40","guid":{"rendered":"https:\/\/www.zfx.com\/market-news\/helicopter-usd-index-plunged-17327\/"},"modified":"2020-03-24T04:17:40","modified_gmt":"2020-03-24T04:17:40","slug":"helicopter-usd-index-plunged","status":"publish","type":"market_news","link":"https:\/\/www.zfx.com\/en-mena\/market-news\/helicopter-usd-index-plunged\/","title":{"rendered":"Helicopter! USD index plunged"},"content":{"rendered":"<p><span title=\"\">The Federal Reserve launched new measures <\/span>on Monday to provide credit support for U.S. households and businesses. And the most important is that the Fed will launch &#8220;unlimited QE&#8221; to fight coronavirus.<\/p>\n<p><span title=\"\">The Fed stated that it would purchase &#8220;in the amounts needed&#8221; U.S. Treasuries and mortgage-backed securities (MBS) to support smooth market functioning and effective transmission of monetary policy to broader financial conditions and the economy.\u00a0<\/span>This is in the form of\u00a0 &#8220;unlimited QE&#8221;. It is also known as &#8220;helicopter money&#8221;.<\/p>\n<p><span title=\"\">Gold price rose significantly on Monday, above the $ 1,560 level. The Federal Reserve \u2019s measures increase the attractiveness of gold, coupled with the decline in US stocks and the decline of dollar, also have driven the gold price up.<\/span> <span title=\"\">However, even with the Fed&#8217;s policy, the oil market can only rise slightly.<\/span> <span title=\"\">Due to the strengthening of global pandemic prevention, the movement of people and activities have plummeted, and energy demand is expected to be severely hit. T<\/span><span title=\"\">he US Secretary of Energy stated that the United States may establish an alliance with Saudi Arabia to stabilize oil prices. This has some support for oil prices.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Fed stated that it would purchase &#8220;in the amounts needed&#8221; U.S. Treasuries and mortgage-backed securities (MBS) to support smooth market functioning and effective transmission of monetary policy to broader financial conditions and the economy.\u00a0This is in the form of\u00a0 &#8220;unlimited QE&#8221;. It is also known as &#8220;helicopter money&#8221;.<\/p>\n","protected":false},"author":177,"featured_media":13879,"template":"","market_news_categories":[],"market_news_tags":[],"class_list":["post-17327","market_news","type-market_news","status-publish","has-post-thumbnail","hentry"],"acf":[],"current_lang":"en-mena","_links":{"self":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/market_news\/17327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/market_news"}],"about":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/types\/market_news"}],"author":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/users\/177"}],"version-history":[{"count":0,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/market_news\/17327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/media\/13879"}],"wp:attachment":[{"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/media?parent=17327"}],"wp:term":[{"taxonomy":"market_news_categories","embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/market_news_categories?post=17327"},{"taxonomy":"market_news_tags","embeddable":true,"href":"https:\/\/www.zfx.com\/en-mena\/wp-json\/wp\/v2\/market_news_tags?post=17327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}