Forex Today: Mood im...from Irie

Forex Today: Mood improves to start week as US government shutdown nears end After a group of centrist Democrats negotiated a deal, the US Senate has voted 60-40 on a temporary funding bill to reopen the government. The approved package will need to be passed by the House of Representatives before it's sent to US President Donald Trump to be signed. Reflecting the risk-positive market atmosphere, US stock index futures were last seen rising between 0.3% and 1.3% on the day. Meanwhile, the USD Index was virtually unchanged at 99.60.

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🌅 Good Morning Traders! Ready for another action-packed market day? 🔥 With global cues mixed and volatility picking up, traders are gearing up for sharp moves across forex, commodities, and indices. 📊 Before we dive in — what’s your take on today’s market scenario? 📋 POLL: How do you expect the markets to trade today? 1️⃣ Bullish – expecting upside momentum 2️⃣ Bearish – likely downside pressure 3️⃣ Range-bound – limited movement 4️⃣ Highly volatile – big swings both ways Cast your vote and let’s see what the community thinks! 🚀📈 Have a profitable day ahead! 💹✨ #newbeginning# #newday# #bullish# #bearish#

Irie

White House asks Congress to reject bill blocking Nvidia chip exports- Bloomberg The White House’s stance is a victory for Nvidia, which has been consistently lobbying to be allowed to sell more chips overseas. China until recently still represented a major market for Nvidia, although the firm signaled earlier this year that it would stop including the country in its sales forecasts. This also came amid increased Chinese scrutiny towards American-made chips, as Beijing pushed for full self-reliance in AI technology. The Bloomberg report comes just hours after Nvidia clocked stronger-than-expected third-quarter earnings and presented an upbeat outlook for the current quarter. CEO Jensen Huang also pushed back against fears of an AI-fueled bubble in tech valuations. #whitehouse #trump #bloomberg #china #USA #nvidia

Irie

The Japanese Yen continues with its relative underperformance amid the BoJ uncertainty. Invention fears and the risk-off impulse could offer some support to the safe-haven JPY. Economic concerns keep the USD depressed and might cap gains for the USD/JPY pair.

Irie