The initial package has been rejected, despite assurances overnight it would be passed. The Dow briefly fell more than 700 points (biggest intra-day point drop ever), but managed to recover some of its losses. The TSX is down 6.92%.
Further attempts will be made to try and get this bill passed. FX markets initially saw a hard US dollar sell off, but are back where they were before the announcement as people are looking for another attempt at a resolution.
USDCAD ~1.0395
EURUSD ~1.4470
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
You must log in to post a comment.