All Things Forex Trading Room: What does the Government Shutdown Mean for the USD?

In the trading room today: What does the Government Shutdown Mean for the USD? As U.S. Incorporated partially closes for business as a result of parties failing to agree on a spending plan for the new fiscal year, we focus on the USD and examine how the government shutdown could impact the future trend direction of the greenback, we analyze the bullish breakout in the EUR/USD currency pair, we follow up on the anticipated breakout in the GBP/USD pair, we keep an eye on the JPY, we highlight the market’s reaction to the new tax increase and stimulus plan presented by the Japanese Prime Minister, the Reserve Bank of Australia interest rate announcement, the Euro-zone and the U.K. Manufacturing PMI, we discuss new forecasts from Citigroup,  JPMorgan- Chase, Credit Agricole and Barclays, and prepare for the trading session ahead.


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