Forex News

Monday, October 6, 2025

US Non-Farm Payrolls was not released, as scheduled for Friday, as the realities of the Government shut-down become more apparent. The lack of Government statistics has resulted in a sideways movement of markets, with the US Dollar easing. The GBP managed to push back towards 1.3500, while the EUR consolidated above 1.1700.The easing in the reserve allowed commodity currencies to settle, with the AUD regaining 0.6600, while the NZD built above 0.5800. The RBNZ meets this week to decide interest rates and they are expected to make a further 25 basis point cut. The economy is suffering recessionary conditions and demands some monetary stimulus.

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