Major Headlines Today
The U.S. dollar came under pressure, slipping modestly ahead of important upcoming economic releases and amid rising uncertainty over a possible U.S. government shutdown.
A potential shutdown could delay critical data releases (like the nonfarm payrolls report), which markets regard as vital for guiding the Fed’s policy decisions.
In currency moves, the dollar fell about 0.2% vs the Japanese yen, while the euro and pound posted gains of ~0.15% and ~0.11% respectively.
Market participants are broadly expecting the Fed to cut rates by around 40 basis points by December, though recent resilient U.S. data has tempered more aggressive expectations.#MarketRebound #StrategyBTCPurchase #PCEInflationWatch #ShariaEarn #TrumpNewTariffs $BTC $BNB