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Friday, January 19, 2018

Dollar Slips Lower on Fears of U.S. Government Shutdown




Dollar Slips Lower on Fears of U.S. Government Shutdown

The U.S. dollar slipped lower against other major currencies , amid fears of a potential government shutdown on Saturday.Sentiment on the greenback was vulnerable as U.S. lawmakers were struggling to agree on a federal budget deal on Thursday.The dollar has also been pressured lower recently by concerns the global economic recovery will outpace U.S. growth and prompt other major central banks, including the European Central Bank to begin unwinding loose monetary policy at a faster pace.


Source : Investing









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