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TOKYO: Robust U.S. manufacturing data kept the dollar off eight-month lows against a basket of currencies, despite concerns over how long the partial U.S. government shutdown might last while lawmakers search for a compromise deal on the budget.
The US dollar treaded water and most Asian stock markets edged up on Wednesday as investors appeared hopeful the first partial US government shutdown in 17 years would be short-lived and not have a broader impact on the economy.
KUALA LUMPUR: The ringgit is likely to trade higher against the US dollar next week on strong buying interest in the local unit, dealers said.
NEW YORK: U.S. stocks dropped on Thursday as investors worried that a budget stalemate in Congress would become entangled with much more critical legislation to raise the federal borrowing limit.
TOKYO: The dollar languished near an eight-month low on Friday as the U.S. budget standoff dragged on, heightening fears it could become embroiled in the likely struggle later this month to raise the U.S. borrowing limit.