US Dollar Lower On Shutdown Fears, Political Woes

The US dollar weakened against its major counterparts in the Asian Session on Monday as investors were upset about the impact of a partial US government shutdown and slowing global economic growth. News that US president

The US government shutdown took effect from Friday amid standstill over funding a wall on the US-Mexico border wall.

A budget deal to end the shutdown appeared to be held up as the US Senate is not scheduled to meet again until Thursday to discuss the matter.