Dollar Rises Amid Government Shutdown End, Euro Dips
Update: 2025-11-12
Description
On November twelfth, the U.S. dollar gained value amid anticipation of the government shutdowns end. The Dollar Index rose by 0.2% to 99.47, reflecting a cautious market. Earlier, a report of job losses raised labor market concerns, impacting the dollars value. The Senate approved a bill to unlock more government spending, potentially leading to a government reopening and influencing the dollars value. The euro and British pound fell due to slowing German inflation and soft UK unemployment data, respectively. The Japanese yen slipped to a nine-month low, reflecting a risk-on market sentiment.
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