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USD/CHF bounces up and reaches 0.7960 as the US Dollar pares losses
The US Dollar is trimming some losses during Wednesday's European trading session as the impact of the US government shutdown wears off.

USD/CAD stays above 1.3900 due to lower Oil prices
USD/CAD moves sideways after registering gains in the previous session, hovering around 1.3920 at the time of writing during the European hours on Wednesday. The USD/CAD pair may appreciate as the commodity-linked Canadian Dollar (CAD) could face challenges amid declining Crude Oil prices.

CHF: Intervention, pharma and the franc - ING
It's been quite a busy week for Swiss news. On Monday, the Swiss National Bank effectively increased the amount of CHF banking deposits exposed to a 0.25bp charge. The press release pitched that as a technical clean-up to last year's adjustment in minimum reserves.

GBP/USD: Likely to trade in a range of 1.3415/1.3470 - UOB Group
Pound Sterling (GBP) is likely to trade in a range of 1.3415/1.3470. 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: ADP, ISM Mfg today - OCBC
US Dollar (USD) traded a touch softer overnight in amid concerns of US government shutdown. DXY last seen at 97.62 levels.

EUR/GBP eyes range breakout as momentum builds - Société Générale
EUR/GBP is testing the top of its multi-month range, with momentum still tilted higher. Holding above the 50-DMA at 0.8670 would keep the uptrend intact, targeting 0.8765 and potentially 0.8810/0.8825, Société Générale's FX analysts note.

EUR/USD: Consolidation on the daily chart - OCBC
Euro (EUR) continued to trade modestly firmer. Pair was last at 1.1760 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note, OCBC's FX analysts Frances Cheung and Christopher Wong note.

GBP/JPY Price Forecast: The Pound dives further, approaching 198.00
The British Pound keeps heading lower on Wednesday against a firmer Japanese Yen, and is on track for a more than 1% depreciation in the last three days, following a reversal from the 200.00 level, and is about to test a key support area at 198.00

EUR/USD: A clear break above 1.1760 to stabilize EUR - UOB Group
A clear break above 1.1760 would indicate that Euro (EUR) could trade above last week's low of 1.1645 for a while, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Pound Sterling refreshes weekly high against weakened US Dollar amid government shutdown
The Pound Sterling (GBP) posts a fresh weekly high near 1.3480 against the US Dollar (USD) during the European trading session on Wednesday. The GBP/USD pair edges higher as the US Dollar underperforms its peers, with the United States (US) government entering a shutdown.

EUR: September CPI to keep ECB expectations anchored - ING
A speech by ECB President Christine Lagarde was read as mildly dovish yesterday, in that the ECB being in a 'good place' did not prevent it from adjusting interest rates, ING's FX analyst Chris Turner notes.

NZD/USD Price Forecast: Tests nine-day EMA after breaking above 0.5800
NZD/USD extends its gains for the second successive session, trading around 0.5810 during the European hours on Wednesday. The technical analysis of the daily chart indicates a weaker short-term price momentum as the pair remains below the nine-day Exponential Moving Average (EMA).

EUR/USD extends gains with all eyes on Eurozone inflation figures
EUR/USD extends gains for the fourth consecutive day on Wednesday, trading at fresh one-week highs beyond 1.1770 at the time of writing.

ISM Manufacturing PMI expected to show modest advance in US factory sector in September
Anticipation is mounting as the Institute for Supply Management (ISM) gears up to unveil the September United States (US) Manufacturing Purchasing Managers Index (PMI) this Wednesday.

Forex Today: US Dollar slides as government officially shuts down
Here is what you need to know on Wednesday, October 1:

BoE's Mann: Higher for longer inflation risk is playing out
Bank of England (BoE) policymaker Catherine Mann said on Wednesday that "higher for longer inflation risk is playing out."

ADP Employment Change is set to show that payroll growth remained weak in September
Heading into the first week of the month, the focus shifts to US employment figures, looking for further clues of the Federal Reserve's (Fed) interest rate path.

When is the Eurozone Prelim HICP inflation and how could it affect EUR/USD?
The Eurostat will publish the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) data for September later on Wednesday at 09:00 GMT.

EUR/GBP keeps wavering below 0.8750 with Eurozone inflation data on tap
The Euro continues to trade in a choppy and volatile manner within a tight range, with 0.8750 capping upside attempts and bears contained above 0.8715 so far, as markets await the release of Eurozone inflation data for further clues about the ECB's rate path.

US Dollar Index (DXY) slides to 97.50, one-week low amid Fed rate cut bets, government shutdown
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, remains under some selling pressure for the fourth straight day and drops to a one-week low heading into the European session on Wednesday.
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