Dollar Suffers Mixed Signals on Data and Budget Debate

Though there was a significant drop in risk appetite through capital markets, a strong showing in consumer confidence and a remarkable rally from the US three-month Treasury bill; the greenback put in for a pained performance through Tuesday’s close. Keeping tabs on the budget standoff, there was no official statement from either US President Obama or House Speaker Boehner since Monday evening’s addresses that levied the blame against their respective counterparts.

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