The Australian dollar is holding steady around 0.6600 against a weakening US dollar amid disappointing US economic data and cautious market sentiment. Softer US PMI readings, flattening wage growth, and lower Treasury yields weigh on the greenback, while subdued Australian economic data limits AUD upside. Investors await key US inflation figures for clearer direction.
Sterling gains 0.26% against the US dollar as the US government shutdown fuels uncertainty. Despite risk-off sentiment and weaker US economic data, the pound benefits from relatively stable UK outlook and a less dovish Bank of England. Market eyes Fed policy shifts amid ongoing US political deadlock. Credit: VT Markets (https://www.vtmarkets.com/live-updates/as-the-us-government-shutdown-continues-the-pound-sterling-gains-0-26-against-the-dollar/)
The U.S. dollar slumped to its largest weekly loss in months as concerns grow over a potential government shutdown and the Federal Reserve signals a pause or pivot in rate hikes. Market uncertainty is weighing on the greenback amid economic and political risks ahead. Read more: reuters.com
USD/JPY holds steady near 147 as traders eye Bank of Japan’s upcoming policy shift. Markets weigh BoJ’s potential move away from ultra-loose policies amid rising inflation and yen weakness. Key decisions ahead could reshape FX dynamics. #Forex #USDJPY #BoJ
Gold prices surged as worries over a potential US government shutdown drive investors toward safe-haven assets. With Treasury yields easing and the dollar weakening, gold is gaining momentum and eyeing a return to its 2023 highs, supported by positive technical signals and ongoing geopolitical uncertainties.
Forex Technical Analysis (Oct 3, 2025): EUR/USD remains bearish, testing critical support near 1.0500 amid hawkish Fed vs. dovish ECB dynamics; a break lower could target 1.0350, while a wedge pattern hints at corrective upside potential. GBP/USD consolidates near 1.2150 support, with resistance at 1.2280; oversold conditions suggest a possible reversal, though bears hold sway. Stay tuned to upcoming inflation and jobs data for key catalysts. Analysis credit: FXDailyReport.com technical team, with insights from DailyFX and FXStreet.
Pound sterling gains momentum as the US government shutdown drags on, fueling uncertainty and weighing on the US dollar. Traders eye GBP/USD pushing higher amid delayed US data and political gridlock. Market volatility persists with dollar weakness benefiting rival currencies. Credit: VT Markets Analysts.
U.S. dollar volatility is impacting major pairs as markets weigh Fed policy prospects. EUR/USD and GBP/USD remain bearish with oversold signals hinting at possible short-term bounces, while USD/JPY advances near multi-decade highs amid policy divergence. USD/CAD faces key technical zones. Traders watch for setups based on James Stanley’s analysis at Forex.com.
Japan’s Nikkei 225 is set to hit new highs following Sanae Takaichi’s LDP leadership win, signaling continued ultra-loose monetary and fiscal policy. While equities rally, the yen weakens and Japanese bonds face pressure amid concerns over rising debt and BOJ’s yield control. #JapanMarkets
Gold prices rise as safe-haven demand grows amid mounting fears of a U.S. government shutdown. With political uncertainty, a weakening dollar, and cautious Fed signals on interest rates, investors are turning to gold for stability, pushing prices near all-time highs. #Gold #SafeHaven #Markets
