Dollar drifts as traders weigh rocky path for US debt ceiling deal

Singapore, May 30 (BNA): The US dollar fell on Tuesday against a basket of major currencies, but it did not move away from a two-month peak after a deal on the US debt ceiling raised risk sentiment, although the agreement may face a crisis. Rocky road through congress.

The dollar index, which measures the greenback against six major peers, fell 0.02% to 104.28, not far from a two-month high of 104.42 touched on Friday. Reuters reported that the index is set to end the month with a gain of 2.5%.

A few far-right Republican lawmakers have said they would oppose a deal to raise the $31.4 trillion US debt ceiling.


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