There will be no agreement on a COVID relief bill tonight

There will be no agreement on a COVID-19 relief bill tonight, Nancy Pelosi said, reported by Politico.

DXY technical analysis 

Meanwhile, the US dollar could be about to make a U-turn over the coming days, according to the above 5-wave analysis on the daily chart. 

Fundamentally, ongoing uncertainty could trigger a more defensive approach in currency markets as hopes of any pre-election fiscal stimulus slip away.

Equity markets remain vulnerable.