The US Dollar found some support in the European session after earlier weakness, with focus now on upcoming U.S. Consumer Sentiment data for November and Canada’s labour figures. With the U.S. government’s partial shutdown limiting official data releases, traders are turning to private and “second-tier” surveys—adding uncertainty and volatility to pairs like EUR/USD and USD/JPY. Meanwhile, all eyes are on the Bank of England’s policy meeting, where rates are expected to remain unchanged; however, any dovish signals could weigh on the British Pound.
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