A deal soon to raise the U.S. government's debt | 18 5月 2023

18 5月 2023, GBP/USD

A deal soon to raise the U.S. government's debt

GBPUSD trading plan:

President Joe Biden and top U.S. congressional Republican Kevin McCarthy underscored their determination to reach a deal soon to raise the federal government's $31.4 trillion debt ceiling and avoid an economically catastrophic default. After a monthslong standoff, the Democratic president and the speaker of the House of Representatives agreed to negotiate directly on a deal. An agreement needs to be reached and passed by both chambers of Congress before the federal government runs out of money to pay its bills, as soon as June 1. Negotiators are aiming to hammer out an agreement before Biden's scheduled return to Washington on Sunday. Congress would then have to act swiftly before the June 1 deadline hits.

Investment idea: buy 1.2405 and take profit 1.2515.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.