Early Monday morning in Asia, US House Speaker Nancy Pelosi crossed wires, via Reuters, saying that the Congress commitment to US creditworthiness iron-clad.

The news also adds Pelosi saying, “Expect bipartisan approach to addressing debt limit.”

FX implications

With the US Federal Reserve and China headlines being the market favorites, reaction to the news over the debt limit gain a little response.

Read: Evergrande: Risk-off tone for APAC, a USD win-win scenario, bad for AUD

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