Dollar falls on U.S. government shutdown, now on pace for worst annual decline in 22 years

The dollar held on to steep gains on Friday after better-than-forecast U.S. data dampened expectations for further easing by the Federal Reserve this year.The dollar fell Wednesday after U.S. lawmakers failed to avert a government shutdown, raising questions from traders about the potential economic impact.The dollar index, which gauges the greenback's performance against six rival currencies including the euro and the Japanese yen, lost 0.2% to trade at 97.61. The move put the benchmark down 10% for 2025. ...