fyi What is in the $2 trillion stimulus bill; the $1,200 check explained
Direct payout to Americans: The bill would give one-time direct payments to Americans — $1,200 per adult making up to $75,000 a year, and $2,400 to a married couple making up to $150,000, with $500 payments per child.
The amount of the payments will be based on income reported in 2018 taxes -- or your 2019 taxes if you have already filed them. The amount of the payment will decline gradually, beginning with individuals who made more than $75,000, or married couples who filed jointly who made $150,000.
Payments will phase out at a rate of $5 per every additional $100 in income over $75,000 in adjusted gross income for singles, $112,500 for heads of household, and $150,000 for married couples filing jointly.
The checks will be directly deposited into bank accounts if you included direct deposit information on your tax form. If you did not, your check will be mailed to you. A date of April 6 had been floated, but many think it may be mid-April or May before the money goes out.
I sold USDCAD AND USDSGD at/near their respective daily pivots and the immediate reaction yielded good pips. Now I am left wondering why I chickened out of my GU buy near daily pivot. Now I would have been over hundred pips up on it! I closed it when I saw the heavy data coming for GBP today. It's bad to be a scared chicken. Lol
Just think about loud... last a few days... stock markets were up ..EurUsd went up at the same time... today we will see unemployment number.. it maybe worse as high as 4 million.. the markets may drop with the news.. maybe trigger to sell stocks and back to the dollar ,,.