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GBP/USD may retest the 1.3400 level - UOB Group
The softened underlying suggests Pound Sterling (GBP) may retest the 1.3400 level; a continued decline below this level is unlikely. In the longer run, GBP is likely to trade in a range between 1.3360 and 1.3525, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

DXY: 2-way trades seem likely - OCBC
The US government shutdown adds another layer of data and market uncertainty. Past shutdowns have often coincided with demand for safe haven proxy including gold while the USD broadly traded softer though outcomes can vary with duration of shutdown.

EUR/USD: Likely to trade in a range of 1.1690/1.1750 - UOB Group
There has no significant shift in either downward or upward momentum; Euro (EUR) is likely to trade in a range of 1.1690/1.1750. In the longer run, EUR is likely to trade between 1.1675 and 1.1790 for the time being, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

EUR: Lower energy prices are good news - ING
EUR/USD remains glued to the 1.1700 area. Three-month traded volatility has dropped to its lowest level since last November, at 6.60%, ING's FX analyst Chris Turner notes.

USD/CHF consolidates above 0.7950 after rejection at 0.8000
The US Dollar was rejected again at the 0.8000 psychological level against the Swiss Franc, and is trading lower on Friday, weighed by a moderate risk appetite.

US ISM Services PMI expected to reflect stable momentum in the services industry
The Institute for Supply Management (ISM) is scheduled to release the September Services Purchasing Managers' Index (PMI) this Friday.

AUD/USD rises to near 0.6600 as traders pare RBA dovish bets
The AUD/USD pair gains slightly to near 0.6605 during the European trading session on Friday. The Aussie pair moves higher as the Australian Dollar (AUD) gains amid easing bets supporting interest rate cuts by the Reserve Bank of Australia (RBA) in the policy meeting in November.

Pound Sterling wobbles against US Dollar on absence of US economic data releases
The Pound Sterling (GBP) trades in a tight range around 1.3440 against the US Dollar (USD) during the European trading session on Friday.

NZD/USD edges up to day highs near 0.5820 but remains within previous ranges
The New Zealand Dollar is nudging higher at Friday's early European trading session. The pair has reached fresh session highs a few pips shy of 0.5830.

Forex Today: US Dollar stabilizes as government shutdown enters third day
Here is what you need to know on Friday, October 3:

US Dollar Index remains below 98.00 due to Fed rate cut bets, government shutdown
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering gains in the previous session and hovering around 97.90 during the early European hours on Friday.

EUR/USD picks up from lows with Eurozone Services PMI data in focus
EUR/USD shows marginal gains on Friday, trading at the 1.1715 area at the time of writing. The pair has been moving in a choppy and volatile manner for the last few days, with the US in a data void, amid the closure of the federal government.

FX option expiries for Oct 3 NY cut
FX option expiries for Oct 3 NY cut at 10:00 Eastern Time via DTCC can be found below.

USD/CAD drifts lower to near 1.3950 as Fed rate cut bets grow
The USD/CAD pair loses ground near 1.3960, snapping the three-day winning streak during the early European session on Friday. The uncertainty surrounding the US government shutdown weighs on the US Dollar (USD) against the Canadian Dollar (CAD).

EUR/CAD holds positive ground above 1.6350 on lower oil prices, downbeat Canadian data
The EUR/CAD cross extends the rally to around 1.6370 during the early European trading hours on Friday. The fall in crude oil prices undermines the commodity-linked Canadian Dollar (CAD) against the Euro (EUR).

BoJ's Ueda: Risk of BoJ being behind the curve on inflation is not that big but warrants attention
Bank of Japan (BoJ) Governor Kazuo Ueda said on Friday that the risk of the BoJ being behind the curve on inflation is not that big but warrants attention.

USD/CHF trades sideways around 0.7980 as investors struggle to gauge US economic outlook
The USD/CHF pair trades in a tight range around 0.7980 during the late Asian trading session on Friday.

GBP/JPY rebounds to mid-198.00s as JPY weakens on political uncertainty and risk-on mood
The GBP/JPY pair gains strong positive traction on Friday and now seems to have snapped a four-day losing streak to a nearly one-month low, around the 197.50-197.45 region, touched the previous day.

USD/INR remains firm despite US government shutdown, firm Fed dovish bets
The Indian Rupee (INR) opens on a flat note around 88.90 against the US Dollar (USD) on Friday after a holiday on Thursday. Still, the USD/INR is close to its all-time high of around 89.12 posted last week.

AUD/JPY Price Forecast: Bullish outlook remains intact near 97.50
The AUD/JPY cross gains momentum to near 97.40 during the early European session on Friday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) amid the political uncertainty in Japan.
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