23.03.201722:40:00UTC+00Dollar Flat After Postponement of Health Care Vote

The dollar was on the defensive after the key vote in the White House regarding a Republican-led health care bill was postponed. It casted skepticism on U.S. President Donald Trump's ability to close political deals.

Trump failed to reach a deal with Republican lawmakers over how to demolish Obamacare, which eventually caused a delay in voting on the healthcare bill. The dollar was flat at 110.980 yen, near a four-month low of 110.620 it notched overnight. The greenback is set to lose 1.5 percent versus its Japanese peer for the week. The dollar index against a basket of major currencies is on course to lose 0.5 percent this week, as it plunged earlier to a seven-week low.

The euro held firm at $1.0783. The common currency, which climbed to a seven-week high of $1.0825 on Wednesday, is on track for a 0.4 percent weekly gain. The pound was relatively little changed at $1.2518, within earshot of a one-month peak of $1.2532 touched overnight on strong British retail sales data.

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