Stalled Deficit Talks Rile Forex Market

Source: ForexYard Stalled Deficit Talks Rile Forex Market The value of the US dollar (USD) was seen trading lower during a day of risk aversion— which traditionally results in a stronger dollar. The surprise turn of events is tied with the failure of Congress and the White House to strike a deal over lifting its debt ceiling; an event whose deadline will be met early next week. Economic News USD – USD in Decline as Debt Talks Heighten Fear The US dollar (USD) was seen decreasing yesterday as traders began to seek shelter following speculation that debt limit talks in the US may falter. The value of safe-haven assets like the Swiss franc (CHF) and Japanese yen (JPY) . . . → Read More: Stalled Deficit Talks Rile Forex Market