Time is running out for lawmakers to forge an agreement on the U.S. debt ceiling, with the chance of a possible government default likely to impact the U.S. dollar.The greenback has already been in a slump for more than seven months, weighed down by signs of a weakening U.S. economy plus the prospect of the Federal Reserve pausing its interest rate hikes soon and even cutting borrowing costs.
The ICE U.S. Dollar Index DXY is down almost 11 percent since late September last year. Now, Treasury Secretary Janet Yellen is warning…
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