- Dollar pressured as Senate fails to secure votes to avert looming October 1 government shutdown.
- US job openings steady, while confidence survey highlights growing household pessimism on labor and business outlook.
- Fed officials split on policy path, balancing downside risks to jobs against persistent inflationary pressures.
EUR/USD holds firm on Tuesday during the North American session, although the Dollar weakens due to fears of a possible government shutdown that could disrupt the release of crucial jobs data for Fed officials. At the time of writing, the pair trades at 1.1735 up a modest 0.05%.
Pair holds above 1.1730 despite mixed US data and cautious Fed rhetoric
The financial markets narrative remains focused on the US government being able to doge a shutdown that will begin in October 1. Recently, a US Democratic bill to avoid the shutdown, failed to garner…
