NEWS | 10/01/2025 09:01:32 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: The $4,000 mark is around the corner
Another day, another record high for Gold. Indeed, the precious metal flirted with the $3,900 mark per troy ounce earlier in the day, extending its positive streak for the fifth day in a row. The move higher in the yellow metal comes in response to the offered stance in the US Dollar and renewed uncertainty following the US government shutdown.
GBP/USD reclaims 1.3500 and beyond on weak Dollar
GBP/USD climbs for the fourth consecutive day on Wednesday, this time managing to trespass the key 1.3500 the figure against the backdrop of further weakening of the Greenback. The persistent USD sell-off comes as investors continue to assess the ongoing US government shutdown and disheartening prints from the labour market.
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