{"id":107512,"date":"2020-12-30T12:00:30","date_gmt":"2020-12-30T12:00:30","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107512"},"modified":"2020-12-30T12:02:43","modified_gmt":"2020-12-30T12:02:43","slug":"105141-cable-keeps-an-eye-on-the-uk-parliament-and-us-senate-while-moving-higher","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105141-cable-keeps-an-eye-on-the-uk-parliament-and-us-senate-while-moving-higher\/","title":{"rendered":"Cable Keeps An Eye On The UK Parliament And US Senate While Moving Higher"},"content":{"rendered":"<ul>\n<li class=\"s6\"><span class=\"s5\"><span class=\"bumpedFont15\">GBP\/USD continues yesterday&#8217;s strength.<br \/>\n<\/span><\/span><\/li>\n<li class=\"s6\">Cable bulls helped by dollar selling.<\/li>\n<li>Tier-4 restrictions expanded in the UK<\/li>\n<\/ul>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">GBP\/USD trades 0.42 Percent up at 1.3552 ahead of the London open as US stimulus and <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">Brexit<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> developments assisted the bulls. The USD weakness continued even after reports suggest detecting the first US case of the coronavirus&#8217;s new variant in Colorado. <\/span><\/span><\/p>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">Th<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">e UK parliament will put to the vote the <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">Brexit<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> deal today and markets expect no hiccups. Nevertheless, the rising pandemic cases in the UK worry the Cable bulls.<\/span><\/span><\/p>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">In the excerpts of UK PM Boris Johnson&#8217;s speech, the newly found trade freedom is highlighted<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">, but only scant mention about the service sector&#8217;s losses due to the <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">Brexit<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> deal. The support from the opposition for the deal makes it easy for the PM to push the agreement with the EU through the parliament. The lawmakers will discuss the motion from 09<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">:30 AM onwards until 11:00 PM before a decision <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">is made<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">.<\/span><\/span><\/p>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">The coronavirus cases have forced UK authorities to extend Tier 04 restrictions to some more areas. Severe measures <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">were considered<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> by ministers to be imposed on southwest England and <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">Cumbria<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> where t<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">he mutated virus is gaining ground, but still has a low total number of pandemic cases, Reuters reported. The Telegraph has reported on <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">Monday that Midlands and the North region in England <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">might be put<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> on Tier 4.<\/span><\/span><\/p>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">US Senate Majority Republican Leader Mitch McC<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">onnell initially blocked the bill for hiking the paycheck to 2,000 dollars. Later, it <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">was considered<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> after adding social media companies&#8217; protections and election fraud studies.<\/span><\/span><\/p>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">The DXY fell to the lowest level since April 2018, while the UK and the US<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\"> stock futur<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">es trades in the green.<\/span><\/span><\/p>\n<p class=\"s9\"><span class=\"s5\"><span class=\"bumpedFont15\">The current bull-<\/span><\/span><a name=\"_GoBack\"><\/a><span class=\"s5\"><span class=\"bumpedFont15\">run in the GBP\/USD might end if the pandemic situation worsens in the US and the UK, while a smooth <\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">Brexit<\/span><\/span><span class=\"s5\"><span class=\"bumpedFont15\">deal passage and US stimulus progress will support the bulls.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD continues yesterday&#8217;s strength. Cable bulls helped by dollar selling. Tier-4 restrictions expanded in the UK GBP\/USD trades 0.42 Percent up at 1.3552 ahead of the London open as US stimulus and Brexit developments assisted the bulls. The USD weakness continued even after reports suggest detecting the first US case of the coronavirus&#8217;s new variant [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":5424,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1381],"tags":[1396,1386,2677,2335,3374],"class_list":{"0":"post-107512","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-usd","9":"tag-boris-johnson","10":"tag-brexit","11":"tag-coronavirus-lockdown","12":"tag-covid-19","13":"tag-gbpusd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cable Keeps An Eye On The UK Parliament And US Senate While Moving Higher - 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\/105141-cable-keeps-an-eye-on-the-uk-parliament-and-us-senate-while-moving-higher\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\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\\\/105141-cable-keeps-an-eye-on-the-uk-parliament-and-us-senate-while-moving-higher\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105141-cable-keeps-an-eye-on-the-uk-parliament-and-us-senate-while-moving-higher\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"Cable Keeps An Eye On The UK Parliament And US Senate While Moving Higher\",\"datePublished\":\"2020-12-30T12:00:30+00:00\",\"dateModified\":\"2020-12-30T12:02:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105141-cable-keeps-an-eye-on-the-uk-parliament-and-us-senate-while-moving-higher\\\/\"},\"wordCount\":328,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105141-cable-keeps-an-eye-on-the-uk-parliament-and-us-senate-while-moving-higher\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100936-gbp-eur-customs-union-possible.jpg\",\"keywords\":[\"boris johnson\",\"Brexit\",\"coronavirus lockdown\",\"covid-19\",\"GBPUSD\"],\"articleSection\":[\"GBP\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105141-cable-keeps-an-eye-on-the-uk-parliament-and-us-senate-while-moving-higher\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105141-cable-keeps-an-eye-on-the-uk-parliament-and-us-senate-while-moving-higher\\\/\",\"name\":\"Cable Keeps An Eye On The UK Parliament And US Senate While Moving Higher - 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