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Dollar edges higher as U.S. shutdown avoided

Published 01/05/2017, 08:43
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Investing.com - The dollar edged higher Monday as a U.S. government shutdown was avoided.
The dollar index was up 0.14% at 99.03 with many markets in Asia and Europe closed for the Labor Day holiday.
Congressional lawmakers have agreed a spending deal to keep the federal government funded through to the end of the current fiscal year.
Investors continued to digest weaker-than-expected U.S. first quarter GDP figures.
The dollar was firm above 111 yen as eyes remained on developments in the Korean peninsula.
The euro edged below $1.09 but remained underpinned by a jump in core euro-zone CPI.
The pound fell but held above $1.29 as the EU over the weekend set tough Brexit terms.

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