Dollar Mixed as Traders Await Budget Deal

NEW YORK (AP) -- The dollar is mixed against other major currencies as traders await developments of budget talks in Washington.

Traders have been worried that lawmakers won't reach a deal in time to avoid a series of steep tax increases and government spending cuts that are set to kick in at the beginning of next year unless the White House and Congress agree on how to reduce the budget deficit.

The euro fell to $1.3236 in afternoon trading from $1.3247 late Wednesday.

The British pound rose to $1.6277 from $1.6258.

The dollar fell to 84.29 Japanese yen from 84.42 Japanese yen.

The dollar was flat at 0.9121 Swiss franc.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2164319, ~/Articles/ArticleHandler.aspx, 10/25/2014 8:45:43 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Apple's next smart device (warning, it may shock you

Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!


Advertisement