Pound US Dollar Exchange Rate Finds Limited Gains As Brexmas Celebrations Fade
US Dollar (USD) Exchange Rates Undermined by Upbeat Market Mood
Despite thin trading conditions, the US Dollar (USD) is trending lower against the Pound (GBP) and the majority of its other peers this morning as markets bask in post-Christmas cheer.
Trump had threatened to veto the stimulus bill earlier in the month as he pushed for the package to include larger stimulus cheques to America citizens, but relented at the start of this week.
In addition, the market mood has also been buoyed by recent votes overriding Trump’s veto of a defence funding bill, as well as the House of Representatives vote to extend direct stimulus payments to citizens from $600 to $2000, as per President Trump s wish.
Canadian Dollar Is A Buy On Optimism Over A 2021 Global Recovery
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Currency Exchange Rates Today 28 12 2020: Pound Steady On Skinny Brexit Deal , Euro-Dollar Slides As Trump Signs Covid Stimulus
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