US Republican Senate Majority Leader Mitch McConnell rejected a Senate Democrat request to pass a bill that would transfer an additional $1400 to each American (bringing the total amount sent to each American in the latest batch of Covid-19 aid to $2000) by unanimous consent, reported Reuters. The bill will still be voted on at some point and, at this point, seems unlikely to pass. When that vote will take place is currently unclear. Senate members on both sides of the House might, however, be feeling the pressure to pass further Covid-19 aid ahead of the Georgia run-off election in early January – the Democrats need to win both of the two seats that are up for grabs to clinch a majority in the Senate, something which would be a gamechanger for fiscal policy under the Biden administration. Market reaction USD saw mild upside, enough to push the Dollar Index back to the north of the 90.00 level, while the S&P 500 fell to fresh lows of the day just above 3730 and now trades lower by around 0.1%. 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 Chainlink price dives by 30%, but the bulls bought the dip and aim for a recovery FX Street 1 year US Republican Senate Majority Leader Mitch McConnell rejected a Senate Democrat request to pass a bill that would transfer an additional $1400 to each American (bringing the total amount sent to each American in the latest batch of Covid-19 aid to $2000) by unanimous consent, reported Reuters. The bill will still be voted on at some point and, at this point, seems unlikely to pass. When that vote will take place is currently unclear. Senate members on both sides of the House might, however, be feeling the pressure to pass further Covid-19 aid ahead of the Georgia run-off election in… 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.
