Currency Markets

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US government shutdown impacts federal data and markets

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A US government shutdown began on October 1, 2025, hindering the Federal Reserve's access to key economic data amid considerations for interest rate cuts. The event has led to a decline in the dollar, positioning it for its worst annual drop in 22 years, while prediction markets forecast the shutdown lasting nearly two weeks. Investors have turned to bitcoin as a safe haven, driving its price higher.

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