Here is what you need to know on Monday, December 14: Markets are moving higher as Brexit and US stimulus talks continue ahead of the first vaccinations against COVID-19 in the US. US Stimulus: A bipartisan group of lawmakers is set to present two separate bills, one including liability protection for companies and the other without, a move meant to break stalled negotiations. Gold has failed to rise in response to the news. Brexit: UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed to extend talks beyond the deadline and “go the extra mile.” According to reports, Britain has put forward a new proposal for a Level-Playing Field (LFP) one of the most contentious topics. GBP/USD has surged above 1.33 in response to ongoing deliberations. Germany has announced severe restrictions ahead of the Christmas holidays as its caseload remains high. Previously, France extended its nationwide lockdown. Nevertheless, EUR/USD is moving higher amid the dual set of talks. The US begins vaccinating its population on Monday. The White House considered vaccinating outgoing President Donald Trump and his staff in the first round and later backed down. The Electoral College is set to ratify President-elect Joe Biden’s victory during the day, following the Supreme Court’s rejection on Friday of yet another attempt by Trump to overturn the elections. AUD/USD was temporarily hit by a drop in iron ore prices following comments from China’s Iron and Steel Association saying the metal’s price has “diverged from fundamentals. Cryptocurrencies are consolidating fresh gains, with Bitcoin changing hands above $19,000. Later in the week, the Federal Reserve and the Bank of England announce their final decisions for 2020. US Retail Sales are also eyed. More Where next for the Fed, fiscal stimulus and Trump 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 EUR/USD Price Analysis: EUR bulls look sceptical despite falling wedge breakout FX Street 2 years Here is what you need to know on Monday, December 14: Markets are moving higher as Brexit and US stimulus talks continue ahead of the first vaccinations against COVID-19 in the US. US Stimulus: A bipartisan group of lawmakers is set to present two separate bills, one including liability protection for companies and the other without, a move meant to break stalled negotiations. Gold has failed to rise in response to the news. Brexit: UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed to extend talks beyond the deadline and "go the extra mile." According… 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.
