NEW YORK (AP) — The dollar rose against most major currencies Wednesday after Congress approved a budget deal, avoiding a series of tax increases and government spending cuts.
Traders have been concerned that a deal would not be reached, possibly sending the U.S. economy back into a recession.
The euro fell to $1.3178 in late trading Wednesday from $1.3192 late Tuesday.
Also helping boost the dollar were signs of an improving manufacturing sector. The Institute for Supply Management said Wednesday that its index of manufacturing rose in December to 50.7 from 49.5 in November.
The dollar rose to 87.14 Japanese yen from 86.76 Japanese yen, to 0.9185 Swiss franc from 0.9163 Swiss franc and to 98.58 Canadian cents from 99.28 Canadian cents.
The British pound rose to $1.6251 from $1.6243.
Suspect in Custody After Shooting at Colorado Springs Planned Parenthood UPDATE: Three People Have Died, Shooter Identified | Christine Rousselle
John Hawkins - 15 Excerpts That Show How Radical, Weird And Out of Touch College Campuses Have Become
Importing Terrorism and Other American Values | Human Events
George Friedman - The Geopolitics of France: Maintaining Its Influence in a Changing Europe
S.C. Woman Outdraws, Outshoots, And Kills CraigsList Robber - Bearing Arms - Guns Saving Lives, South Carolina
The Myth of "4 Million Conservative Voters Stayed Home in 2012" | RedState
We should definitely challenge Ted Cruz’s citizenship if he is elected president
DeRay McKesson & Michael Moore agree on reason cops took @PPact shooting suspect alive