With the failures to reach on any agreement over the much-awaited coronavirus (COVID-19) aid package, US policymakers pushed back the voting on the stimulus bill. Despite the initial promising talks between House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin, the 90-minutes talks failed to break the deadlock over key issues. Key notes The House Democrats aimed for $2.2 trillion before calling off the scheduled vote to at least Thursday. Majority leader Mitch McConnell is against the bill while both the key parties are on the same grounds concerning direct payments, small business loans and airline aid. Disputes are likely hovering around the state and local government stimulus as well as liability insurance for businesses. FX implications Even if AUD/USD dropped to 0.7155 as the news broke, the second readings flashed hidden optimism for a deal, which in turn helped the risk barometer to regain 0.7165 by the early Thursday morning in Asia. 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 AUD/JPY Price Analysis: Upside break of 75.70 will confirm rounding bottom on 4-hour chart FX Street 2 years With the failures to reach on any agreement over the much-awaited coronavirus (COVID-19) aid package, US policymakers pushed back the voting on the stimulus bill. Despite the initial promising talks between House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin, the 90-minutes talks failed to break the deadlock over key issues. Key notes The House Democrats aimed for $2.2 trillion before calling off the scheduled vote to at least Thursday. Majority leader Mitch McConnell is against the bill while both the key parties are on the same grounds concerning direct payments, small business loans and airline aid. Disputes are likely… 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.
