Forex Today: Markets remain cautiously optimistic, US Dollar extends rally – by eren_fxstreet Majors Currencies Macroeconomics Commodities CryptoCurrencies
Following Sunday's agreement between US President Joe Biden and Republican House Speaker Kevin McCarthy to suspend the debt limit, the House Rules Committee and the House is expected to vote on the bill on Tuesday and Wednesday, respectively. Meanwhile, Biden will reportedly hold calls with Democratic members of the House ahead of the vote.
slumped to its lowest level since early March near $1,930 on Tuesday but reversed its direction in the European morning. With the benchmark 10-year US Treasury bond yield losing nearly 1% below 3.8%, XAU/USD erased its daily losses and turned flat above $1,940.failed to build on Sunday's gains and posted marginal losses on Monday. BTC/USD holds steady above $27,500 early Tuesday. Similarly,Information on these pages contains forward-looking statements that involve risks and uncertainties.
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