Trump’s tax-cut and spending bill clears procedural hurdle in US House of Representatives
The United States (US) House of Representatives clears procedural hurdle, paving the way for the debate and the final vote on President Donald Trump’s ‘big, beautiful bill.”
Additional details
The procedural rule was passed with a vote of 219-213.
The final vote is expected in about a couple of hours.
Market reaction
The US Dollar Index is holding steady near 96.70, awaiting the US Nonfarm Payrolls (NFP) release for a fresh directional impetus.
US Dollar PRICE Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.08% | -0.20% | 0.07% | -0.01% | 0.07% | 0.22% | -0.01% | |
| EUR | 0.08% | -0.13% | 0.19% | 0.06% | 0.14% | 0.26% | 0.10% | |
| GBP | 0.20% | 0.13% | 0.28% | 0.20% | 0.26% | 0.37% | 0.02% | |
| JPY | -0.07% | -0.19% | -0.28% | -0.08% | 0.00% | 0.07% | -0.20% | |
| CAD | 0.01% | -0.06% | -0.20% | 0.08% | 0.07% | 0.18% | 0.04% | |
| AUD | -0.07% | -0.14% | -0.26% | -0.00% | -0.07% | -0.05% | -0.24% | |
| NZD | -0.22% | -0.26% | -0.37% | -0.07% | -0.18% | 0.05% | -0.36% | |
| CHF | 0.01% | -0.10% | -0.02% | 0.20% | -0.04% | 0.24% | 0.36% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
