The dollar is weaker this morning, despite news that President Trump has delayed the stimulus bill put forward by Congress, which was finally approved after months of talks this week.
He had been expected to sign the bill into law so it can come into effect. However, he has urged Congress to amend a $900bn (£670bn) coronavirus relief bill to more than triple its stimulus payments to Americans. He called parts of the bill “wasteful” and has said that households need to receive a greater one-off payment.
If he doesn’t sign the bill by midnight on Monday, the US government could shut down because the package will also fund federal agencies through to September 2021.
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