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Details: ht
The US dollar falls as investors worry about the impact of a government shutdown on economic data.
[The dollar falls as investors worry about the impact of a U.S. government shutdown on economic data] The dollar fell against a currency basket as U.S. lawmakers are working to avoid a government shutdown. The White House is set to hold a meeting later on September 30, with the Senate expected to re-vote on whether Congress will continue to fund the government after October 1. FPMarkets analyst Aaron Hill stated that investors are cautious about the impending U.S. government shutdown, which could overshadow the release of important economic data and "undermine the Fed's policy signals." Meanwhile, Trump posted a cartoon image on social media threatening to "fire" Powell, heightening concerns about the Fed's independence. (Jin10)