• 11/11/2024

Dollar Rises as Debt Ceiling Worries Ease, Rate-Cut Bets Are Trimmed

Wall Street Journal

The dollar has continued to rise as comments from U.S. politicians increase optimism that a deal on raising the debt ceiling will be reached, boosting appetite for risk and in turn reducing bets on future Fed rate cuts, MUFG said.

https://www.wsj.com/articles/usd-sgd-rangebound-debt-deal-hopes-support-risk-appetite-755269f4