• US Pres. Biden looking forward to signing debt-ceiling bill after the Senate passage

Market news

2 June 2023

US Pres. Biden looking forward to signing debt-ceiling bill after the Senate passage

US President Joe Biden is crossing the wires after a majority of Senate voted to pass the debt-ceiling bill.

The bill will be now sent to President Biden's desk for signature into law.

Biden said, “I want to thank Leader Schumer and Leader McConnell for quickly passing the debt ceiling bill.”

Additional quotes

“This bipartisan agreement is a big win for our economy.”

“I look forward to signing this bill into law as soon as possible and addressing the American people directly on Friday.”

Market reaction

The headlines fail to move the needle around the US Dollar across its major counterparts. The US Dollar Index is trading 0.05% lower on the day at 103.51, at the press time.

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