The White House has warned that President Obama could veto a debt limit plan proposed by top House Republicans.
Meanwhile, Speaker John Boehner’s plan to trim public spending and raise the limit met with resistance from rank-and-file members of his own party.
A House of Representatives vote on the plan was delayed from Wednesday after doubts arose over the cuts it proposed.
Washington remains deadlocked as a deadline to increase the government’s borrowing authority looms on 2 August.
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Dean Popplewell
He has a deep understanding of market fundamentals and the impact of global events on capital markets.
He is respected among professional traders for his skilled analysis and career history as global head
of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean
has played an instrumental role in driving awareness of the forex market as an emerging asset class
for retail investors, as well as providing expert counsel to a number of internal teams on how to best
serve clients and industry stakeholders.
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