Tag: Debt ceiling
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Debt ceiling hopes lift dollar to seven-week peak
The U.S. dollar hit a seven-week peak on Thursday after President Joe Biden and top U.S. congressional Republican Kevin McCarthy worked towards avoiding a...
Dollar gains after US retail sales; debt ceiling in focus
The U.S. dollar rose on Tuesday after data showed retail sales in April were lower than expected but suggested a firm underlying trend, with...
US on track for June 1 default without debt ceiling hike, Treasury says
The U.S. Treasury Department reiterated Monday it expects to be able to pay the U.S. government's bills only through June 1 without a debt...
Dollar edges up as market looks to U.S. debt ceiling talks, inflation data
The dollar edged up against major currencies on Tuesday as traders awaited U.S. debt ceiling talks and new inflation data for a clearer picture...
US default on debt would trigger ‘economic catastrophe,’ Yellen says
U.S. Treasury Secretary Janet Yellen on Tuesday warned that failure by Congress to raise the government's debt ceiling - and the resulting default -...
