News

US House clears $484 billion coronavirus relief package in 388-5 vote

During the early Friday morning in Asia, the US House members voted 388 to 5 in favor of the $484 billion aid package for small businesses, hospitals, testing. The coronavirus (COVID-19) aid bill will shortly be on President Donald Trump’s table for signing before being a law.

FX implications

Given the wide expectations that the Bill will be passed to combat the Coronavirus (COVID-19), markets offer a little positive reaction to the news. On the contrary, the S&P 500 Futures are down 0.20% to 2,775 by the press time.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.