U.S. Dollar rises amid progress in debt ceiling talks

The U.S. Dollar strengthened against the majority of its most-traded counterparts on Thursday amid signs of progress in the Federal debt ceiling talks between Barack Obama and congressional lawmakers to avoid a technical debt default. The so-called Greenback increased 0.2% versus the Japanese Yen to 97.53 Yen rebounding from the lowest level in 2 months at 96.55.