The U.S. Dollar Index (DXY), which measures the value of the U.S. dollar (USD) against a basket of six major world currencies, was trading negatively around 98.90 during the early hours of the European session on Wednesday.
The U.S. Dollar Index (DXY) is weakening after three consecutive days of gains amid the ongoing U.S. federal government shutdown. The U.S. government shutdown has entered its 22nd day, and on Monday, the Senate failed for the 11th time to advance a bill passed by the House of Representatives to fund the government and end…