Latest updates from Capitol Hill suggest that the US policymakers are near to voting on the much-awaited coronavirus (COVID-19) stimulus bill.
Also read: US Fiscal Stimulus: Deal in sight after compromise on Fed-limiting GOP Proposal – WP
As per CNN’s Senior Congressional Correspondent Manu Raju’s sources, US House Speaker Nancy Pelosi insists on voting on the key bill on Sunday.
House Minority Leader Chuck Schumer also signaled that they are “Getting real close,” per CNN reporter.
Risks remain heavy…
Although the US Congress members are trying to keep the markets positive, a new strain of COVID-19, identified by the UK, joins the Brexit woes to weigh on the risks. That said, AUD/USD begins the week with a 30-pip downside gap to 0.7585 during the early Asian session on Monday.
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