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EURUSD and GBPUSD Slip on US Shutdown Risk and RBNZ Surprise Rate Cut, Dollar Strengthens

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • The US dollar strengthened against the euro and pound amid US government shutdown risks and political developments in Japan, while the kiwi dollar plunged on a surprise 50-bps rate cut by the RBNZ.
  • Safe havens like gold surged as global economic uncertainty escalated.
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EURUSD price history

1.16 -0.85% over the displayed period

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