collected by :Irax John
The Wall Street Journal Dollar Index, which measures the dollar against a basket of 16 currencies, was recently unchanged at 90.
The dollar edged off lows Friday, after GOP leaders pulled a bill to replace the Affordable Care Act before a planned vote in the House of Representatives.
Many investors viewed the vote as a gauge of whether…
The measure dipped to 89.83 earlier in the session, its lowest level early November.
Dollar Steady as Republicans Delay Health-Care Vote
according to Republicans postponed a vote on legislation to repeal the Affordable Care Act, after last-minute negotiations failed to garner…
The Wall Street Journal Dollar Index, which measures the dollar against a basket of 16 currencies, was recently unchanged at 90, after hitting a fresh four-month low late a day before.
The dollar was little changed Thursday, after lawmakers delayed a long-awaited congressional vote on health care.
according to The dollar fell versus a majority of its G-10 peers and dropped to its session low as markets awaited a vote on a health-care reform plan amid indications that House Republicans have not yet secured enough support to pass the bill.
The health-care bill is seen as an early gauge of President Trump’s ability to work with Congress on his legislative agenda, including fiscal reform.
The greenback relinquished gains versus most of its G-10 peers while also losing ground against a majority of emerging market currencies, pushing the Bloomberg dollar index down about 0.2 percent toward key technical support.
The euro climbed above 1.0800 after the region’s Purchasing Managers Indexes unexpectedly rose while the Mexican peso and the Brazilian real advanced strongly.