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FOREX-US dollar slides on budget bill concerns, weak 20-year bond...

The US dollar fell against other currencies due to concerns about the Trump administration's tax cut and spending bill, as well as a weak 20-year Treasury bond sale. Republican hardliners are still divided over the tax legislation, arguing it does not cut spending enough. The disappointing bond auction results suggest weakening demand for US assets and a 'sell America' trade amid fiscal concerns.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14736843/FOREX-US-dollar-slides-budget-bill-concerns-weak-20-year-bond-auction.html
Source Id: 8689075091

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