Newly elected US House Speaker Mike Johnson said in a Fox News interview late Thursday that President Joe “Biden’s funding request for Ukraine and Israel should be handled separately.”
“I think any stopgap spending bill should have conditions,” Johnson said.
Market reaction
At the time of writing, the US Dollar Index is trading modestly flat at around 106.50, undermined by an improving risk sentiment.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended content
Editors’ Picks
AUD/USD stands firm near 0.6350 after Australian trade data
AUD/USD holds higher ground near 0.6350 early Thursday, sitting at weekly highs after stronger-than-expected Australian Trade Balance data for January. Further, the pair capitalizes on sustained US Dollar weakness on Trump's tariffs-led US economic concerns and dovish Fed expectations.
USD/JPY bounces back toward 149.50 on firmer US Treasury yields
USD/JPY catches fresh bids and bounces toward 149.50 in Thursday's Asian trading. The pair draws support from rising US Treasury bond yields, which cushion the US Dollar downside. However, BoJ rate hike bets could limit the pair's upside amid lingering global trade war fears.
Gold price looks to all-time highs at $2,956, awaiting US Nonfarm Payrolls
Gold price is sitting at one-week highs near $2,930 early Thursday, consolidating a three-day recovery while aiming for a retest of lifetime highs of $2,956 ahead of mid-tier US economic data releases.
Ethereum holds $2,200 support despite Pectra's issues on Sepolia testnet
Ethereum is up on Wednesday after developers fixed issues with the Pectra upgrade's deployment on the Sepolia testnet. The top altcoin aims to hold the $2,200 support level amid negative sentiments from Pectra's failure on testnets.
Why AAVE is rallying even as Bitcoin, Ethereum, XRP lag
Aave (AAVE), the native token of the Aave lending protocol, is rallying on Wednesday as the crypto market recovers from Monday’s bloodbath. Bitcoin (BTC), Ethereum (ETH), and XRP note small gains on the day as traders maintain a risk-averse stance in crypto, grappling with volatility concerns this week ahead of the White House Crypto Summit on Friday.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.