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Investing.com – The dollar was little changed at one-week lows against other major currencies on Friday, as concerns over the fate of a highly-anticipated U.S. tax reform bill weighed on the greenback. The dollar came under pressure following news that the U.S. Senate Republicans’ bill tax overhaul would delay implementation until 2019. Like their House counterparts’ […]
Investing.com – The Aussie dipped slightly on Friday as the central bank gave a dour view on inflation prospects and as investors looked to remarks from President Trump as he heads to Vietnam for an APEC summit with U.S. foreign trade and domestic tax policy dominating market headlines. USD/JPY eased 0.04% to 113.43, while AUD/USD traded at 0.7678, down 0.03%. EUR/USD was […]
By Lisa Twaronite TOKYO (Reuters) – The dollar licked its wounds on Friday, on track for weekly losses after dropping on disappointment with a tax bill put forth by U.S. Senate Republicans that would delay expected corporate tax cuts. The dollar index, which gauges the greenback against a basket of six major rivals, was nearly flat […]