Early Tuesday morning in Asia, Reuters came out with the news suggesting the US House passage of the coronavirus (COVID-19) aid package comprising the $2,000 paychecks demanded by President Donald Trump. The news states, “The Democratic-led U.S. House of Representatives voted 275-134 to meet President Donald Trump’s demand for $2,000 COVID-19 relief checks on Monday, sending the measure on to an uncertain future in the Republican-controlled Senate.” The bill now heads to the Senate where Republicans have the power and might use it as well due to the latest differences with Trump. Earlier in the data, US House Speaker Nancy Pelosi said “If the house cannot pass the bill with short debate and two-thirds majority, it will pass it under regular procedures requiring a simple majority.” This becomes the rare support to the Republican leaders’ assent. FX implications Following the news, S&P 500 Futures track Wall Street benchmarks higher while starting Tuesday’s session. However, cautious sentiment ahead of the final verdict from the Senate keeps the risk in check. Read: Wall Street Close: Bulls cheer Trump’s surprise signing of stimulus amid low volume 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 These two Polkadot-like cryptocurrencies show strong potential for massive gains FX Street 2 years Early Tuesday morning in Asia, Reuters came out with the news suggesting the US House passage of the coronavirus (COVID-19) aid package comprising the $2,000 paychecks demanded by President Donald Trump. The news states, “The Democratic-led U.S. House of Representatives voted 275-134 to meet President Donald Trump's demand for $2,000 COVID-19 relief checks on Monday, sending the measure on to an uncertain future in the Republican-controlled Senate.” The bill now heads to the Senate where Republicans have the power and might use it as well due to the latest differences with Trump. Earlier in the data, US House Speaker Nancy… 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.
