US Treasury Secretary Steven Mnuchin said on Friday that they are working on a solution within next week for easier forgiveness of Paycheck Protection Program (PPP) loans of $50,000 or less. “There are still parts of the US economy having real difficulty reopening,” Mnuchin further noted and added that they are pushing for more aid for schools, child care, airlines and small businesses in coronavirus relief bill negotiations. Market reaction These comments don’t seem to be causing a positive shift in risk sentiment. As of writing, the S&P 500 Index was down 0.77% on the day at 3,355. 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 NFP Analysis: Stocks set to fall as sub 8% jobless rate lowers chances for stimulus Yohay Elam 2 years US Treasury Secretary Steven Mnuchin said on Friday that they are working on a solution within next week for easier forgiveness of Paycheck Protection Program (PPP) loans of $50,000 or less. "There are still parts of the US economy having real difficulty reopening," Mnuchin further noted and added that they are pushing for more aid for schools, child care, airlines and small businesses in coronavirus relief bill negotiations. Market reaction These comments don't seem to be causing a positive shift in risk sentiment. As of writing, the S&P 500 Index was down 0.77% on the day at 3,355. 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.
