US Senator McConnell signals Thursday’s vote on short-term debt ceiling extension

Having initially favored the market sentiment by supporting the US debt ceiling extension, even for a short-term US Senate Republican Leader Mitch McConnell recently hints, per Bloomberg, at the vote on the key issue during Thursday (US time).

However, the policymaker refrained from providing additional details as Trish Turner from ABC News tweets, “McConnell on if there’s a deal: ‘We’re trading paper which is what you always do at this point.’ Sounds like a vote tomorrow.”

FX reaction

Risk appetite remains firmer following the news, amid hopes of overcoming the policy deadlock concerning the key issues. However, the pre-NFP caution may challenge the optimists.

Read: Gold Price Forecast: XAU/USD probes hidden bearish divergence above $1,750 on firmer sentiment