The Dow Jones Industrial Average (DJIA) steadies its grip on Monday, starting the new trading week holding near the 47,000 major handle.
Developments over the weekend hint at a path to ending the US government shutdown. It seems the prospect of massive flight delays around Thanksgiving and the delay in food aid payments has prompted a group of moderate Democrats to back a proposed compromise bill in the Senate.
The US Dollar (USD) is extending gains for a fifth day, driving the Dollar Index (DXY) to test the 100 area on the back of weaker equity market risk sentiment, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.