{"id":106032,"date":"2020-10-21T17:52:49","date_gmt":"2020-10-21T16:52:49","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=106032"},"modified":"2020-10-22T06:29:49","modified_gmt":"2020-10-22T05:29:49","slug":"104608-mood-upbeat-on-us-stimulus-deal-hopes-election-polls-in-focus","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104608-mood-upbeat-on-us-stimulus-deal-hopes-election-polls-in-focus\/","title":{"rendered":"Mood upbeat on US stimulus deal hopes, election polls in focus"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Stock and gold advance, the safe-haven dollar declines on rising optimism that US lawmakers will agree to a covid stimulus package for the economy. <\/span><span style=\"font-weight: 400;\">US elections, Brexit talks, and rising eurozone COVID-19 cases are all eyed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Fiscal stimulus:<\/strong> House Speaker Nancy Pelosi sounded more upbeat over progress in fiscal stimulus talks with Treasury Secretary Steven Mnuchin. Whilst there are still differences , Pelosi allowed her soft deadline to be passed, both sides are reportedly drafting a bill.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Senate Republicans could still oppose the agreement with Democrats as it would split the party and delay the Supreme Court nomination.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Elections<\/strong>: President Trump fared better in opinion polls, with the national polls showing the gap closing and state polls indicating a tighter race in several key battleground states. Even so, the closely followed FiveThirtyEight and The Economist indicate, on average, 90% for Joe Biden to become president.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trump and Biden will face each other again in a live televised debate early on Thursday. Fresh polls are eyed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">EUR\/USD has pushed beyond 1.1850 a monthly high as investors look past rising coronavirus cases in the old continent and tighter restrictions. Christine Lagarde, President of the European Central Bank, is due to speak later, in addition to several colleagues.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Brexit:<\/strong> The EU and the UK are staying in contact but haven\u2019t restarted face-to-face talks. According to Bloomberg, Brussels wants to give Prime Minister Boris Johnson the appearance of winning whilst refusing to give up ground.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The UK Consumer Price Index printed at +0.5% YoY September, as expected. On Tuesday, Bank of England member Gertjan Vlieghe suggested that the BOE is considering more stimulus. GBP\/USD is trading close to 1.30.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Canada is due to release inflation and Retail Sales data later. USD\/CAD dropped below 1.31 on USDs weakness. The loonie has also benefited from rising oil prices, with WTI surpassing the $41 level.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock and gold advance, the safe-haven dollar declines on rising optimism that US lawmakers will agree to a covid stimulus package for the economy. US elections, Brexit talks, and rising eurozone COVID-19 cases are all eyed. Fiscal stimulus: House Speaker Nancy Pelosi sounded more upbeat over progress in fiscal stimulus talks with Treasury Secretary Steven [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":105087,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1381],"tags":[1395,2412,1398],"class_list":["post-106032","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-usd","tag-eur","tag-eur-usd","tag-usd"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mood upbeat on US stimulus deal hopes, election polls in focus - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104608-mood-upbeat-on-us-stimulus-deal-hopes-election-polls-in-focus\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104608-mood-upbeat-on-us-stimulus-deal-hopes-election-polls-in-focus\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104608-mood-upbeat-on-us-stimulus-deal-hopes-election-polls-in-focus\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"Mood upbeat on US stimulus deal hopes, election polls in focus\",\"datePublished\":\"2020-10-21T16:52:49+00:00\",\"dateModified\":\"2020-10-22T05:29:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104608-mood-upbeat-on-us-stimulus-deal-hopes-election-polls-in-focus\\\/\"},\"wordCount\":317,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104608-mood-upbeat-on-us-stimulus-deal-hopes-election-polls-in-focus\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/100607-gbp-usd-pound-higher-trade-talks-696x392-1.jpg\",\"keywords\":[\"eur\",\"eur\\\/usd\",\"usd\"],\"articleSection\":[\"EUR\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104608-mood-upbeat-on-us-stimulus-deal-hopes-election-polls-in-focus\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104608-mood-upbeat-on-us-stimulus-deal-hopes-election-polls-in-focus\\\/\",\"name\":\"Mood upbeat on US stimulus deal hopes, election polls in focus - 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