{"id":120766,"date":"2025-11-11T14:08:52","date_gmt":"2025-11-11T10:08:52","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120766"},"modified":"2025-11-11T14:08:56","modified_gmt":"2025-11-11T10:08:56","slug":"dollar-firms-vs-yen-slips-vs-aussie-as-markets-eye-post-shutdown-data-sterling-softens-on-uk-jobs","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/dollar-firms-vs-yen-slips-vs-aussie-as-markets-eye-post-shutdown-data-sterling-softens-on-uk-jobs\/11\/11\/market-updates\/","title":{"rendered":"Dollar firms vs yen, slips vs Aussie as markets eye post-shutdown data; sterling softens on UK jobs"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>The U.S. dollar posted a mixed performance in Asia on Tuesday, rising against the <strong>safe-haven yen<\/strong> but easing versus the <strong>growth-sensitive Australian dollar<\/strong> as investors rotated cautiously across FX while awaiting a fuller data slate once the U.S. government reopens.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Risk tone and shutdown calculus<\/h2>\n\n\n\n<p>A Senate-approved compromise to restore federal funding\u2014now headed to the House\u2014kept hopes alive for an imminent end to the <strong>longest U.S. shutdown<\/strong>, encouraging a measured return to risk. With official releases poised to resume only after agencies restart and reschedule, traders positioned ahead of a \u201cdata catch-up\u201d that could refine views on growth, inflation, and the <strong>December Fed<\/strong> decision.<\/p>\n\n\n\n<p>BNP Paribas\u2019s chief economist <strong>Isabelle Mateos y Lago<\/strong> said the bank expects the economy to be \u201cholding up nicely\u201d with \u201cmoderate\u201d inflation pass-through\u2014conditions that argue for a <strong>25 bp cut in December<\/strong>, followed by caution into 2026.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">G10 moves<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>USD\/JPY<\/strong>: The dollar rose <strong>0.10% to 154.28<\/strong>, after touching <strong>154.495<\/strong>\u2014its highest since February\u2014as the yen stayed under pressure. Sentiment toward Japan\u2019s currency weakened after new Prime Minister <strong>Sanae Takaichi<\/strong> urged a <strong>go-slow<\/strong> approach to BOJ rate hikes, even as U.S. policymakers have turned more cautious on further cuts.<\/li>\n\n\n\n<li><strong>AUD\/USD<\/strong>: The greenback <strong>fell 0.25% to 0.6520<\/strong>, snapping a two-day advance. The Aussie benefitted from lingering risk appetite tied to shutdown progress and resilience in cyclicals.<\/li>\n\n\n\n<li><strong>EUR\/USD<\/strong>: Largely steady around <strong>1.1555<\/strong> as markets awaited a clearer U.S. data calendar.<\/li>\n\n\n\n<li><strong>GBP\/USD<\/strong>: <strong>Sterling slipped 0.40% to 1.3126<\/strong> after U.K. labor data showed a notable cooling in the third quarter, reinforcing expectations the <strong>Bank of England<\/strong> could lean more dovish into year-end.<\/li>\n\n\n\n<li><strong>USD\/CHF<\/strong>: The <strong>Swiss franc<\/strong> strengthened for a fourth straight session (USD\/CHF <strong>\u22120.15% to 0.8035<\/strong>) after President <strong>Donald Trump<\/strong> said the U.S. was working with Switzerland on a deal to lower a <strong>39% tariff rate<\/strong>, bolstering CHF\u2019s defensive appeal.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">What\u2019s next<\/h2>\n\n\n\n<p>With shutdown legislation still requiring final passage and signature, the immediate FX driver remains <strong>headline risk<\/strong>. Once the government reopens, attention flips to the <strong>reloaded U.S. data docket<\/strong>, where evidence on labor momentum and inflation will shape the <strong>Fed\u2019s December call<\/strong> and the dollar\u2019s near-term path. For now, the mix is classic \u201crisk-on lite\u201d: <strong>USD firmer vs havens, softer vs pro-growth FX<\/strong>, and range-bound vs the euro pending fresh catalysts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. dollar posted a mixed performance in Asia on Tuesday, rising against the safe-haven yen but easing versus the growth-sensitive Australian dollar as investors rotated cautiously across FX while awaiting a fuller data slate once the U.S. government reopens. Risk tone and shutdown calculus A Senate-approved compromise to restore federal funding\u2014now headed to the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":117672,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[],"class_list":["post-120766","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=120766"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120766\/revisions"}],"predecessor-version":[{"id":120767,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120766\/revisions\/120767"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/117672"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}