Asia FX will wake up when the US Congress votes on the debt ceiling

It looks at least 4 hours away. The risk, via Adam's post: There's a tail risk here that Republicans vote it down, causing a real mess in markets until they decide they've made enough noise and then vote again tomorrow or soon afterwards. That should present a tasty dip-buying opportunity should it eventuate.  Invest in yourself. See our forex education hub.

Asia FX will wake up when the US Congress votes on the debt ceiling

It looks at least 4 hours away. The risk, via Adam's post:

  • There's a tail risk here that Republicans vote it down, causing a real mess in markets until they decide they've made enough noise and then vote again tomorrow or soon afterwards.

That should present a tasty dip-buying opportunity should it eventuate. 

Tentative timetable for the vote here: Senate to vote on debt limit deal later

Invest in yourself. See our forex education hub.