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USD/INR opens flat ahead of fifth voting on US short-term funding bill
The Indian Rupee (INR) opens on a flat note around 88.90 against the US Dollar (USD) on Monday. The USD/INR pair is broadly firm as it is still close to its all-time high of 89.12 posted on September 24.

US Dollar Index recovers some lost ground above 98.00 despite ongoing US government shutdown
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note around 98.05 during the Asian session on Monday.

India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.

USD/CAD remains subdued near 1.3950 as Oil prices rise
USD/CAD remains subdued for the second successive session, trading around 1.3950 during the Asian hours on Monday. The pair depreciates as the commodity-linked Canadian Dollar (CAD) gains ground amid higher Oil prices.

Japanese Yen sinks as Takaichi's win sparks fiscal easing bets, tempers BoJ rate hike bets
The Japanese Yen (JPY) slumps across the board at the start of a new week in reaction to the outcome of Japan's ruling Liberal Democratic Party (LDP) leadership election, which positions Sanae Takaichi to become the first female Prime Minister.

Australian Dollar holds gains following TD-MI Inflation Gauge report release
The Australian Dollar (AUD) gains ground against the US Dollar (USD) following the release of the TD-MI Inflation Gauge data, suggesting that inflation may come in hotter than anticipated in the third quarter, despite the Reserve Bank of Australia's (RBA) efforts to keep inflation within its 2-3% ta

NZD/USD extends the rally above 0.5800 on worries over US government shutdown
The NZD/USD pair extends its upside to around 0.5825 during the early Asian session on Monday. The fears of a prolonged US government shutdown continue to drag the US Dollar (USD) lower against the New Zealand Dollar (NZD).

EUR/USD holds losses near 1.1700 amid rising odds of Fed rate cut bets
EUR/USD retraces its recent gains registered in the previous session, trading around 1.1720 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) amid rising likelihood of the US Federal Reserve (Fed) rate cuts in the upcoming meetings.

GBP/USD sticks to losses below mid-1.3400s on firmer USD; lacks follow-through
The GBP/USD pair struggles to capitalize on Friday's strong move up and opens with a bearish gap at the start of a new week amid a broadly firmer US Dollar (USD). Spot prices, however, lack follow-through selling and seem to have stabilized below mid-1.3400s, still down over 0.30% for the day.

USD/JPY rises above 149.50, Takaichi wins as Japan's Prime Minister may delay BoJ rate hikes
The USD/JPY pair climbs to near 149.65 during the early Asian session on Monday. The Japanese Yen (JPY) faces some selling pressure against the Greenback after a ruling-party vote for Sanae Takaichi to become Japan's next Prime Minister.

Sanae Takaichi is set to become Japan's first female Prime Minister -- Reuters
Japan's ruling party elected Sanae Takaichi as its new leader on Saturday, positioning the 64-year-old to become Japan's first female Prime Minister, Reuters reported on Sunday.

AUD/USD strengthens to near 0.6600 as US government shutdown raises uncertainty
The AUD/USD pair trades in positive territory around 0.6590 during the early Asian session on Monday. The US Dollar (USD) weakens against the Australian Dollar (AUD) amid uncertainty surrounding a US government shutdown and delayed key data releases.

EUR/USD steadies as Fed divide offsets shutdown drag
EUR/USD consolidates on Friday amid a quiet trading session due to the lack of a fresh catalyst, sponsored by a US government shutdown that seems poised to extend beyond the current week. The pair trades at 1.1738, up 0.28%, at the time of writing.

Fed's Miran insists Fed has room for more cuts
Federal Reserve (Fed) Board of Governors plant Stephen Miran doubled down on his belief that the Fed has a lot more room to cut its way to neutral interest rates.

Fed's Jefferson nods to risks on both sides of the Fed's mandate
Federal Reserve (Fed) Vice President and Board of Governors member Phillip Jefferson acknowledged that ongoing risks to both sides of the Fed's policy mandates are seeing growing risks.

Fed's Logan warns inflation pressures persist, could be made worse
Federal Reserve (Fed) Bank of Dallas President Lorie Logan struck a nervous tone on Friday, warning that despite a rapidly-weakening labor market, a lot of potential policy moves could accidentally spark another round of renewed inflationary pressures.

Dow Jones Industrial Average rises 300 points on Friday
The Dow Jones Industrial Average (DJIA) caught a firm bid on Friday, rising 482 points, or 1.04%, bottom-to-top. The Dow briefly pierced the 47,000 major price handle for the first time ever, before easing back to a more sedate +300 points (0.65%) on the day.

AUD/USD holds near 0.6600 as Greenback weakens on US shutdown and soft PMI data
The Australian Dollar (AUD) holds modest gains versus the US Dollar (USD) on Friday, supported by a weaker Greenback as the United States (US) government shutdown drags on and the ISM Services Purchasing Managers Index (PMI) softens.

EUR/USD holds modest bid amid US shutdown and mixed PMI readings
The Euro (EUR) trades with a modest bid against the US Dollar (USD) on Friday, with EUR/USD stuck in this week's range of 1.1750-1.1700.

GBP/USD rises as US shutdown prolongs, Fed data gap grows
The Pound Sterling advances some 0.26% on Friday as the US government began its third day of shutdown and skipped the release of Nonfarm Payroll figures for September. Purchasing Managers Index (PMI), data from S&P Global and ISM in the US, are the main drivers of price action.
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