“After being suspended for about a year, the debt limit returned on March 2,” note Rabobank analysts and add: “However, the Treasury Department will take extraordinary measures that could delay a federal government default to September or October.” Key quotes “Consequently, raising the debt limit could become tied to the budget negotiations for fiscal year 2020, which starts on October 1, 2019.” “If no budget deal is reached before October 1 there are two possibilities: either Congress adopts a continuing resolution (triggering automatic spending cuts) or the government shuts down again.” “Therefore, we may be heading toward a game of chicken between Republicans and Democrats with the threat of a government default and either sequestration or another government shutdown.” 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 Oil Technical Analysis: WTI erases most daily gains FX Street 4 years "After being suspended for about a year, the debt limit returned on March 2," note Rabobank analysts and add: "However, the Treasury Department will take extraordinary measures that could delay a federal government default to September or October." Key quotes "Consequently, raising the debt limit could become tied to the budget negotiations for fiscal year 2020, which starts on October 1, 2019." "If no budget deal is reached before October 1 there are two possibilities: either Congress adopts a continuing resolution (triggering automatic spending cuts) or the government shuts down again." "Therefore, we may be heading toward a game of… 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.
