Currencies are higher against the USD after weekend US (more) stimulus news

The US dollar is lower, as is yen, on the flows to ‘risk’ following the news out of the US over the weekend:

  • US Senate passes $1.9 trillion stimulus bill

The bill will be voted on Tuesday in the House of Representatives where it is expected to pass easily.

AUD, NZD, GBP, CAD (for more impact on CAD see below) are all up a little from earlier levels.
Other weekend news has sent oil higher:
  • Oil prices have moved higher following the attacks on Saudi facilities on the weekend
  • Oil traders note – Saudi oil export ports, facilities targeted in attacks Sunday
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