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20 December, 2017
Forex Market News Feed - Dollar Little Changed as U.S. Tax Reform Optimism Wanes
Forex Market News Feed - Dollar Little Changed as U.S. Tax Reform Optimism Wanes

The dollar was tiny distorted nearby supplementary majors currencies on the subject of Wednesday, as optimism surrounding a major U.S. tax reform checking account began to decrease.

Trading volumes were venerated to become more and more skinny throughout the week, ahead of the Christmas holiday.

The greenback showed small reply after the House of Representatives in a description to Tuesday qualified the biggest U.S. tax overhaul in 30 years.

Due to procedural issues, different vote sophisticated will accept to place roughly Wednesday, but it is yet considered as a step closer to the implementation of a major U.S. tax overhaul.

The Senate vote was received to follow almost Thursday.

The U.S. dollar index, which procedures the greenback's strength adjoining a trade-weighted basket of six major currencies, was little distorted at 93.09 by 02:10 a.m. ET (06:10 GMT).

The euro and the pound were steady, following EUR/USD at 1.1833 and subsequent to GBP/USD at 1.3389.

The yen was subjugated, behind USD/JPY accumulation 0.12% to 113.02, even though USD/CHF was regarding unchanged at 0.9853. Read More

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