A gloomy market opening earlier this week saw mixed price movements with the US dollar failing to show a clear direction in trading on Monday.
This is due to market concerns now beginning to be directed towards the risk of a government shutdown as the period approaches the end of the fiscal year for the United States (US).
Government funding will end on September 30, so President Donald Trump has met with Congressional leaders on Monday to reach an agreement on budget approval.
If an agreement is not reached between Democrats and Republicans, the government shutdown will begin in October and many government operations are expected to be affected.
If the situation continues for a long time, the greater the negative impact that the US economy will face, including affecting Gross Domestic Product (GDP) growth.
The US Department of Labor also confirmed on Monday that their statistical agency will delay the publication of economic data, including the September jobs report if there is a partial government shutdown.
Investors are awaiting a key signal from this week's jobs report following the outcome of the September FOMC meeting last week.
This will be a driver of the US dollar's movement in the market as the central bank assesses the situation heading into its next meeting at the end of October.
The JOLTS jobs report will be watched first when it is released in the New York session tonight before the next focus is on ADP and NFP data at the end of the week.
