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Fed's Daly: Fed has many tools left to use

The Federal Reserve has many tools left to use with regards to supporting the economy through the coronavirus crisis, San Francisco Federal Reserve Bank President Mary Daly told Bloomberg TV on Thursday.

On the same note, "the Federal Reserve is in a whatever it takes scenario, it will deploy whatever is in its arsenal," Atlanta Fed President Raphael Bostic said earlier in the day.

Market reaction

Investors largely ignored these comments and the US Dollar Index was last seen registering small daily gains at 100.21.

Kremlin: OPEC+ deal has already helped stabilize oil prices

The crude oil output cut deal reached by OPEC and non-OPEC producers (OPEC+) has already helped stabilize oil prices, Kremlin said in a statement on T
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Oil Price Analysis: WTI is parked below $28.00 per barrel

The WTI recovery is stalling below 28.00 resistance but above the main SMAs on the four-hour chart. As the oil market stays in an overall downtrend the above-m
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