Dollar retreats as Fed pause eyed; U.S. debt deal clears House

SINGAPORE  – The dollar retreated from a two-week top against its major peers on Thursday as investors trimmed bets that the Federal Reserve will raise interest rates this month, though the looming debt ceiling deadline gave safe haven support to the greenback. A divided U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt ceiling on Wednesday, with the focus now on … Continue reading Dollar retreats as Fed pause eyed; U.S. debt deal clears House