Currencies: Dollar extends gain as traders watch stock market

The U.S. dollar extended gains Wednesday, as lawmakers in Washington agreed to a two-year budget deal that would avoid a government shutdown this week.

The pressure on global equity markets and bond yields also eased somewhat Wednesday as U.S. stock indexes traded in positive territory.

What are currencies doing?

The ICE U.S. Dollar Index DXY, -0.07% , which measures the greenback against its six major rivals, was up 0.8% at 90.335, while the WSJ U.S. Dollar Index BUXX, -0.02% — a broader measure — was little changed at 84.25.

The euro EURUSD, +0.0326% slipped to $1.2257, down from $1.2379 late Tuesday, hitting a two-week low against the buck.

>>> Original Source <<<