NEWS | 10/01/2025 12:16:21 GMT
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By FXStreet Team
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Editors’ Picks
EUR/USD rebounds to 1.1750 post-US ADP
EUR/USD extends its march north further on Wednesday, now hovering around the 1.1750 region on the back of the persistent decline in the US Dollar. On the latter, the IS government shutdown as well as poor prints from the ADP report in September keep the currency under extra downside pressure.
Gold record-setting run remains uninterrupted; bulls eye $3,900 ahead of US data
Gold continues to scale new record highs through the first half of the European session and has now moved well within striking distance of the $3,900 mark amid a supportive fundamental backdrop. Rising geopolitical tensions, along with the US government shutdown, weigh on investors’ sentiment and underpin the safe-haven precious metal.
GBP/USD rises above 1.3450 on US shutdown concerns
GBP/USD extends its winning streak for the fourth successive session, trading above 1.3450 in early Europe on Wednesday. The pair appreciatesas the US Dollar faces challenges due to the US government shutting down its operations amid Congressional failure to advance the funding. BoE-speak and US data are next on tap.
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