NEWS | 09/30/2025 15:04:22 GMT
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By FXStreet Team
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Editors’ Picks
EUR/USD stays near 1.1750 ahead of potential US government shutdown, EU inflation
EUR/USD moves little after three days of gains, trading around 1.1730 during the Asian hours on Wednesday. The pair remains steady ahead of the preliminaryEurozoneHarmonized Index of Consumer Prices (HICP) due later in the day. Eurozone HICP is expected to rise 2.2% year-over-year in September, following a 2.0% increase in August.
GBP/USD rises above 1.3450 on rising odds of further Fed rate cuts
GBP/USD extends its winning streak for the fourth successive session, trading around 1.3460 during the Asian hours on Wednesday. The pair may further appreciate as the US Dollar faces challenges after soft US jobs data increased the odds ofFederal Reserve rate cuts. The CME FedWatch Tool suggests that markets are now pricing in nearly a 97% chance of a Fed rate cut in October.
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