Early Thursday morning in Asia, news broke that the US House passes the opposition Democratic leader backed $1.5 trillion infrastructure bill. The US policymakers’ efforts to combat the coronavirus (COVID-19) got the attention earlier after President Donald Trump said that he’ll veto the plan if it gets to his desk for being the law. In a seperate news, the House also passed sanctions on China concerning the Hong Kong security law. FX implications The news should have ideally extended the market’s previous risk-on mood and helped the AUD/USD pair. However, a lack of activity during the early hours of trading and fears of the COVID-19 spread in the US, coupled with Sino-American tension, keeps the Aussie pair in the choppy range above 0.6900. 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 Stellar Price Analysis: XLM/USD bulls push price above the downward channel FX Street 3 years Early Thursday morning in Asia, news broke that the US House passes the opposition Democratic leader backed $1.5 trillion infrastructure bill. The US policymakers’ efforts to combat the coronavirus (COVID-19) got the attention earlier after President Donald Trump said that he’ll veto the plan if it gets to his desk for being the law. In a seperate news, the House also passed sanctions on China concerning the Hong Kong security law. FX implications The news should have ideally extended the market’s previous risk-on mood and helped the AUD/USD pair. However, a lack of activity during the early hours of trading… 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.
