Global financial markets are heading into the end of this week moving cautiously as investors continue to monitor developments in the reopening of the United States (US) federal government.
Focus is now on the decision in Congress to reach a full agreement so that the funding bill can be submitted to President Donald Trump for signature.
Investors are also waiting for previously delayed data to be republished, expected around next week.
However, there was a slight constraint in finding further market direction guidance when the White House announced that the October inflation and employment data report would not be published due to the ongoing shutdown.
Price movements on Wednesday were also mixed with a lack of economic data published with the US dollar slightly better in the European session before declining again in the New York session.
As shown the previous day, the US dollar movement pattern is expected to still show pressure in search of clearer signals leading up to the FOMC meeting in December.
The latest US inflation data originally scheduled for release today (Thursday) was also delayed which could potentially push the US dollar further lower into the closing sessions of the week.
The Australian jobs report will be the focus of the Asian session before UK economic growth data will be watched at the opening of the European session shortly.
