Debt ceiling talks to resume, dollar remains steady.

1 min read
Source: Reuters
Debt ceiling talks to resume, dollar remains steady.
Photo: Reuters
TL;DR Summary

The US dollar remained stable as negotiations on the debt ceiling resumed and Federal Reserve Chair Jerome Powell indicated a meeting-by-meeting approach to future policy moves. The euro was up 0.1% against the dollar, while the dollar index was flat at 103.04. Sterling was flat at $1.2452, while the Aussie was down 0.1% at $0.6645. The New Zealand dollar rose 0.1% to $0.6284, with traders ramping up bets to 1-in-3 for a half point hike by the Reserve Bank on Wednesday.

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