Late on Wednesday night, US President Donald Trump reiterated his bias that the House Democrats are the reason for the delay in the coronavirus (COVID-19) stimulus.
The Republican also criticized US House Speaker Nancy Pelosi, a Democrat, as well as Chuck Schumer, for not doing what’s right for the American workers and the USA as a whole.
In doing so, US President Trump mentioned the political play to favor the Democratic Party ruled states as the key intention.
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FX implications
Although the White House Chief has been blaming the opposition Democratic Party for a long, mainly as a part of his election campaign ahead of the next month’s poll, the news weighs expectation of an early stimulus. As a result, AUD/USD eases its bullish bias and steps back from one week high to 0.7112 by press time.
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