The dollar advanced versus all Group-of-10 currencies as Treasury yields rose after President Donald Trump announced a bipartisan deal to suspend the U.S. debt ceiling.
EUR/USD dropped 0.1% to 1.1199, while GBP/USD declined 0.1% to 1.2465. USD/JPY rose 0.2% to 108.03 in a third day of gains.
A gauge of the greenback’s strength climbed for a third day as the broad agreement eliminated the risk that the U.S. government could miss payments as early as September. Dollar’s gains Tuesday were aided by macro positioning ahead of this week’s European Central Bank review, according to Asia-based FX traders.
Source : Bloomberg