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EUR/USD falls further to near 1.1630 ahead of ECB Lagarde's speech
The EUR/USD pair extends its two-day downside move to near 1.1630 during the Asian trading session on Tuesday. The major currency pair faces selling pressure as the US Dollar (USD) gains on hopes that the ongoing United States (US) government shutdown will end this week.

USD/CAD strengthens to near 1.4050 ahead of Canadian CPI inflation release
The USD/CAD pair edges higher to near 1.4045 during the Asian trading hours on Tuesday. The Canadian Dollar (CAD) softens against the US Dollar (USD) on a decline in crude oil prices. The Canadian Consumer Price Index (CPI) inflation data for September will be the highlight later on Tuesday.

Japanese Yen drifts lower ahead of Japan's parliamentary vote for new PM
The Japanese Yen (JPY) turns lower against the US Dollar (USD) for the third straight day on Tuesday, though the downside seems limited ahead of Japan's parliamentary vote on a new Prime Minister.

Australian Dollar receives support from US-Australia critical minerals deal
The Australian Dollar (AUD) advances against the US Dollar (USD) on Tuesday, extending its gains for the third successive session. The AUD/USD pair appreciates as the AUD receives support from improved market sentiment amid progress on a United States (US)-Australia trade agreement.

US Dollar Index posts modest losses to near 98.50, US-China trade tensions in focus
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 negative note near 98.60 during the Asian session on Tuesday. The DXY declines amid the ongoing US government shutdown.

PBOC sets USD/CNY reference rate at 7.0930 vs. 7.0973 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.0930 compared to the previous day's fix of 7.0973 and 7.1219 Reuters estimate.

NZD/USD gains traction to near 0.5750, US-China trade talks in focus
The NZD/USD pair attracts some buyers near 0.5740 during the early Asian session on Tuesday. Easing concerns over the US-China trade tensions provides some support to the China-proxy New Zealand Dollar (NZD) against the US Dollar (USD).

Canadian Dollar loses momentum as US flows drive Loonie market
The Canadian Dollar (CAD) fell back against the US Dollar (USD) on Monday, paring back recent gains and keeping the Loonie trapped on the bottom end of six-month lows against the Greenback. Market volatility is at a swing low point, limiting hard meaningful moves.

USD/JPY Price Forecast: Subdued at around 150.00
The USD/JPY holds firm on Monday, hovering around 150.60 amid a risk-on environment amid the Fed blackout period and the lack of US data, due to the government shutdown. The lack of market moving comments by US President Donald Trump, could keep the pair trading at familiar levels.

GBP/USD eases back as CPI inflation data looms
GBP/USD caught a second softly bearish session on Monday, colling back into touch range of the 1.3400 handle.

EUR/USD flat as traders wait for US CPI amid ongoing US shutdown
EUR/USD is virtually unchanged during Monday's North American session, slightly down 0.05% at around 1.1643 after hitting a daily high of 1.1675 amid a scarce economic docket in the US.

FX Today: Focus shifts to Canadian inflation, trade jitters and US shutdown
In an inconclusive start to the week, the US Dollar (USD) alternated gains with losses as investors continued to gauge developments around the US government shutdown, prospects for further rate cuts by the Federal Reserve and renewed US credit risks.

Trump reiterates new China tariff threat
Never one to let a bull run go uninterrupted, US President Donald Trump revisited his latest threats of additional trade tariffs on Chinese goods if the two sides aren't able to make a trade deal.

AUD/USD climbs amid US-China trade optimism, Fed rate cut expectations
AUD/USD appreciates by 0.35% on Monday, trading around 0.6520 at the time of writing. The pair benefits from a mild return in risk appetite, fueled by the prospect of easing trade tensions between Washington and Beijing.

EUR/USD holds near 1.1650 as trade hopes support US Dollar
The Euro (EUR) trades under modest pressure against the US Dollar (USD) on Monday, as the Greenback holds steady amid hopes of easing trade tensions between Washington and Beijing.

GBP/USD steadies as Trump tones down China rhetoric; eyes on US CPI
The GBP/USD remains steady during the North American session after three straight days of gains, as the Greenback recovers on Trump's softening his rhetoric on China. At the time of writing, the pair trades at 1.3425 after hitting a daily high of 1.3442.

USD/CHF falls as Swiss growth outlook dims, US Dollar struggles
USD/CHF falls around 0.7910 on Monday, down 0.30% on the day at the time of writing. The advance in the Swiss Franc (CHF) continues to weigh on USD/CHF despite growing concerns about the slowdown in Switzerland's economy which limits the currency's upside.

U.S. government shutdown drags on - Rabobank
The federal government has been partially shut down for about three weeks now. Non-essential civil servants have been furloughed, while many essential government employees are still working but are going to miss their paycheck and possibly even their back wages, Rabobank's economists report.

Bank of Canada survey shows sentiment improving, but expectations remain soft
The Bank of Canada's (BoC) latest sentiment survey of Canadian businesses revealed that while firms are experiencing a general uptick in forward-looking sentiment, a lot of them are still feeling a growth crunch at the hands of tariffs from the US that are discouraging active trade.

Canadian Dollar struggles amid softer domestic outlook and firmer US Dollar
The Canadian Dollar (CAD) remains on the defensive against the US Dollar (USD) on Monday, weighed down by weaker domestic sentiment and falling Oil prices. At the time of writing, USD/CAD is trading around 1.4035 as the Greenback holds firm amid cautious optimism over US-China trade talks.
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