{"id":107798,"date":"2021-01-14T17:10:09","date_gmt":"2021-01-14T17:10:09","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107798"},"modified":"2021-01-14T17:10:09","modified_gmt":"2021-01-14T17:10:09","slug":"105237-gbp-usd-steady-ahead-of-biden-stimulus-announcement","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105237-gbp-usd-steady-ahead-of-biden-stimulus-announcement\/","title":{"rendered":"GBP\/USD Steady Ahead of Biden Stimulus Announcement"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">GBP\/USD trades quietly ahead of an expected speech by US President-elect Joe Biden on his economic plans to boost the US economy.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The fiscal stimulus package could be around $2 trillion.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Federal Reserve Chair Jerome Powell is also due to speak investors will be listening for clues over when the Fed could start tapering its monetary stimulus program.<\/span><\/li>\n<\/ul>\n<p><b>GBP\/USD STEADY AHEAD OF BIDEN &amp; POWELL<\/b><\/p>\n<p><span style=\"font-weight: 400;\">GBP\/USD and more broadly the financial markets are not expected to move much\u00a0 ahead of a possible stimulus announcement by US President-elect Joe Biden. A relief package of around $2 trillion could be announced. Federal Reserve Chair Jerome Powell is also due to speak and investors will be looking for clues as to when the Fed could start tapering its bond purchases. There is no UK data due..<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Covid cases in Europe are rising and lockdown restrictions tightening, whilst vaccination programmes are ramping up. Meanwhile, rising yields on US Treasury notes and bonds, could keep driving the US Dollar and drive GBP\/USD.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD trades quietly ahead of an expected speech by US President-elect Joe Biden on his economic plans to boost the US economy. The fiscal stimulus package could be around $2 trillion. Federal Reserve Chair Jerome Powell is also due to speak investors will be listening for clues over when the Fed could start tapering its [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5649,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1381],"tags":[1394,1888,1398],"class_list":{"0":"post-107798","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-usd","9":"tag-gbp","10":"tag-gbp-usd","11":"tag-usd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/USD Steady Ahead of Biden Stimulus Announcement - 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\/105237-gbp-usd-steady-ahead-of-biden-stimulus-announcement\/\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105237-gbp-usd-steady-ahead-of-biden-stimulus-announcement\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105237-gbp-usd-steady-ahead-of-biden-stimulus-announcement\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/USD Steady Ahead of Biden Stimulus Announcement\",\"datePublished\":\"2021-01-14T17:10:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105237-gbp-usd-steady-ahead-of-biden-stimulus-announcement\\\/\"},\"wordCount\":178,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105237-gbp-usd-steady-ahead-of-biden-stimulus-announcement\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100664-gbp-eur-pound-steady-uk-jobs-data.jpg\",\"keywords\":[\"gbp\",\"gbp\\\/usd\",\"usd\"],\"articleSection\":[\"GBP\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105237-gbp-usd-steady-ahead-of-biden-stimulus-announcement\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105237-gbp-usd-steady-ahead-of-biden-stimulus-announcement\\\/\",\"name\":\"GBP\\\/USD Steady Ahead of Biden Stimulus Announcement - 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