The vote, which had originally been set for Thursday, was postponed because of the tepid support. Sterling fell against the dollar and euro, retreating from the previous session's one-month highs, as investors braced for Britain's beginning the formal process of leaving the European Union next week. "If healthcare does not pass I don't think it's USD negative," Brad Bechtel, managing director at Jefferies in New York, said in a note. The dollar index, which measures the greenback against a basket of six major currencies, was little changed at 99.732. "It's just really coming down to what happens in Congress," said Mazen Issa, senior FX strategist at TD Securities in New York.
as mentioned in "There really isn't much for the market to do but wait for the bill vote now that it has been postponed. Trump failed on Thursday to reach a deal with Republican lawmakers on how to dismantle Obamacare, forcing a delay in voting on the healthcare bill. The Australian dollar was up 0.1 percent at $0.7632
as mentioned in
Dollar gains in Asia as U.S. showdown looms on healthcare vote
Meanwhile, the pound rose to a four-week high against the dollar, buoyed by better than expected retail sales data. Core retail sales, which exclude automobile sales and fuel, increased by 1.3% in February, confounding expectations for a 0.4% rise. Republican leaders failed to rally enough support to pass the GOP bill in a planned Thursday vote in the House. Earlier, House Majority Leader Rep. Kevin McCarthy told CNN that House debate on the bill will start Friday morning. The U.S. dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, rose 0.10% to 99.66.read more visit us forex
إرسال تعليق