The US dollar has slackened vs other currencies due to the shutdown of US government on delayed budget voting in the Congress. The US government has stopped operations for the second time since the start of 2018.
The deadline for the approval of the state budget draft (including government financing) has expired in the early hours of Friday. It is believed that the voting delay can be caused by the statement of one of the Senators which opposed the $300 billion deficit under the bill. Moreover, he claimed that it may "loot the Treasury".
As it was reported earlier, US Congress managed to agree on federal budget items for the next 2 years with increased budget spending by $300 billion.
The US Dollar index was recorded at 90.12% (0.08%) this morning.
However, the US dollar weakening is restrained by increasing yields of US 10Y Treasuries, which are staying close to the peak over 4 years now.
The euro and sterling to US dollar went up to some 1.2262 and 1.3959 this morning. The USD-JPY pair posted gains coming to 108.95. At the same time, USD-CHF showed almost no changes over the period under review staying at about 0.9368. AUD and NZD to USD changed hands at 0.7779 and 0.7213 respectively. The US dollar vs Canadian dollar rate was at 1.2597.