The US Government looks to have resolved immediate issues and will vote to re-open. The immediate impact on markets will be a boost to confidence and the return of statistical data releases, from the Government. Leading among these will be the Non-Farm Payroll number, which many expect will not be good, following recent releases of private sector jobs reports. UK Unemployment broke through 5%, higher than expected, adding to economic concerns. The US Dollar softened, with the EUR regaining 1.1600, while the GBP improved to 1.3175.
Commodity currencies stabilised under the weaker reserve, with the NZD breaking through .5650, while the AUD consolidated above 0.6500. Market attention is upon the US political situation, while the Swiss look to have secured a new trade deal, with the USA.
