Dollar Gains After US Government Reopens

The US dollar gained against the vast majority of most-traded currencies (with the exception of the Japanese yen) after the news that the US government is going to reopen.

The Senate voted for and President Donald Trump signed the bill that ended the government shutdown. The bill was a stopgap measure, though, as the government stays opened just through February 8 unless a new agreement between politicians will be reached. Nonetheless, the dollar reacted positively to the news, rising against its rivals, though not versus the very strong yen.

EUR/USD slipped from 1.2260 to 1.2251 as of 10:05 GMT today, reaching the low of 1.2223 intraday. GBP/USD declined from 1.3984 to 1.3950.

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