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Democrats are will to cut their demands in the COVID-19 relief to reach an agreement, US House Speaker Nancy Pelosi told Politico in an online interview on Tuesday.

“We have to try to come to that agreement now,” Pelosi said, as reported by Reuters. “We’re willing to cut our bill in half to meet the needs right now. We’ll take it up again in January. We’ll see them again in January. But for now, we can cut the bill in half.”

Market reaction

The US Dollar Index edged lower with the initial reaction to these remarks and was last seen losing 0.57% on the day at 92.29.