Currencies
Currencies News
Dollar Drops Amid Tax Debate, Global Equity Slide: Inside G-10
The dollar fell to a two-week low amid concern about U.S. tax reform after the Senate’s proposal called for delaying the corporate tax cut until 2019.
FX Traders Read Technical Tea Leaves as Macro Drivers Stall (1)
The dollar’s rebound has petered out in recent days as traders remain divided on macro drivers ranging from trade and taxes to personnel picks at the Federal Reserve. But a closer look at technical indicators suggests the greenback’s resurgence might just be getting started.