NEWS | 09/29/2025 10:30:45 GMT
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By FXStreet Team
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Editors’ Picks
Gold pushes harder, targets $3,850
Gold is navigating the area of all-time highs north of the $3,800 mark per troy ounce at the beginning of the week. The US Dollar is under pressure due to concerns about a government shutdown and market speculation about new tariffs. Meanwhile, the Fed is expected to decrease interest rates, all lending extra legs to the precious metal
EUR/USD clings to modest gains above 1.1700
EUR/USD keeps trading in the low-1.1700s in quite a positive start to the week. That said, the pair’s uptick comes in response to renewed selling pressure on the US Dollar following fears over a potential government shutdown later this week. Later in the week, investors will shift their attention to the US labour market data and business activity gauges.
GBP/USD remains well bid around 1.3450
GBP/USD picks up pace and revisits the 1.3450 region on Monday. Cable’s recovery comes amid the weaker Greenback, which loses momentum on the back of shutdown concerns and expectations of rate cuts by the Federal Reserve. Speeches by BoE and Fed officials remain under focus.
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