The dollar was steady on the day against the yen at 113.32 JPY=, poised to gain 0.6 percent for the week.
The dollar was steady on the day against the yen at 113.32 JPY=, poised to gain 0.6 percent for the week.
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Treasury yield US10YT=RR to a nine-month high of 2.504 percent on Thursday. It last stood at 2.480 percent, compared with its U.S. close on Thursday of 2.483 percent.
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But the tax reform plan is also seen piling on at least $1 trillion to the national debt in 10 years, which helped send the 10-year
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but the underlying trend in jobless claims remained consistent with a tightening labor market.![]()
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A separate report showed a jump in the number of Americans filing for unemployment benefits last week,
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U.S. third-quarter data released on Thursday showed the economy grew at its fastest pace in more than two years, powered by robust business spending.
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Also underpinning the dollar, Congress approved the most significant U.S. tax code overhaul in three decades that was expected to give at least a short-term lift to already solid economic growth.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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and avert agency shutdowns ahead of a Friday midnight deadline. The bill now goes to President Donald Trump to sign into law.
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One immediate threat to dollar bulls was removed on Thursday, as the U.S. Senate approved a bill to fund the federal government through Jan. 19
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