Trump Signs Spending Bill, Ending Longest U.S. Government Shutdown
In a historic move, former President Donald Trump signed a government spending bill, officially ending the longest shutdown in U.S. history.
U.S. Government Shutdown Could End Soon: What Senate Developments Mean for the Dollar and Forex Markets
Senate Majority Leader John Thune has indicated that a government shutdown agreement is nearly ready, signaling potential resolution to weeks of political deadlock in Washington, D.C. According to Axios, Democrats are prepared to bring bills to the Senate floor to end the shutdown, with at least 10 Senate Democrats expected to support the plan.
Dollar Surges on Rate Doubts and Safety Play While Pound Takes a Hit
The U.S. dollar rose to a four-month high against the euro, driven by uncertainty over further Federal Reserve rate cuts and a classic safe-haven move. After last week’s Fed rate cut, officials sent mixed signals about whether another cut will happen in December.
U.S. Government Shutdown: How It Could Shake the Forex Market
When the U.S. government shuts down, even temporarily, it creates more than just political headlines — it ripples across global financial markets. For Forex traders and investors,