In the trading room today: What’s Next for the USD after the US Averts a Default? Following the decision to lift the US debt ceiling and to end the government shutdown, we take a close look at the USD and ponder what might be next for the greenback as newly-established budget deadlines promise more potential political deadlocks in the months ahead, we analyze the rallies in the EUR/USD and the GBP/USD currency pairs, we note the weakening of the USD vs. JPY, we highlight the market’s reaction to Dagong Global Credit Rating agency’s downgrade of the US credit rating, the Euro-zone Current Account, the UK Retail Sales and the US Jobless Claims, we discuss new forecasts from Black Rock, PIMCO, Bank of Tokyo-Mitsubishi and HSBC, and prepare for the trading session ahead.