Today, US currency was trying to win back part of its losses, when in Asian trading USD dollar rushed to the highs of the day.
Bitcoin was born on the strength of a psychologically-important $ 10,000 mark for the second week in a row.
The new week started positively for European markets. Yesterday,
Asian equity indexes were mostly higher on Tuesday following a solid lead from Wall Street as lawmakers were able to revert the government shutdown.
The US Senate was able to pass a short-term spending bill to end the federal government’s shutdown that started on Friday evening due to an ongoing disagreement between Democrats and Republicans over migration policies.
Last Friday, USD dollar closed in the green, recovering from all session losses by the end of the trading day.
Since the middle of last month, the US dollar has been trading under pressure; as US currency is declining despite the expectation of strong economic growth, rising inflationary pressures and greater confidence that the Fed will continue to raise interest rates this year.
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Asian equity markets ended mixed on Monday as market players continued to digest political developments in the United States following the announcement of a government shutdown.
The ending week was again negative for the US currency.