Investors are worried that U.S. President Donald Trump will struggle to deliver promised tax cuts that propelled the market to record highs in recent months, with nervousness deepening ahead of a key healthcare vote on Thursday. The market also questioned Trump’s ability to pass tax and spending reforms further down the line, said Stephen Innes, senior trader at OANDA. The greenback has faced a confluence of negative factors recently, as dollar bulls were disappointed that the Federal Reserve did not signal a faster pace of rate hikes while the dollar also felt pressure from a resurgent euro.
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