US Pres. Trump: Administration, Democrats far apart on coronavirus relief bill

Eren Sengezer FXStreet

US President Donald Trump noted on Wednesday that his administration and Democrats are still far apart on the coronavirus relief bill, as reported by Reuters.

On the same note, White House chief of staff Mark Meadows said on Tuesday that Democrats were unwilling to negotiate down their demand for extending the $600/week supplemental unemployment benefit.

Market reaction

The US Dollar Index, which tracks the USD's performance against a basket of six major currencies, edged lower in the last minutes and was last seen losing 0.25% on a daily basis at 93.50.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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