U.S. Government Shutdown Could End Soon: What Senate Developments Mean for the Dollar and Forex Markets
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U.S. Government Shutdown Could End Soon: What Senate Developments Mean for the Dollar and Forex Markets

Senate Majority Leader John Thune has indicated that a government shutdown agreement is nearly ready, signaling potential resolution to weeks of political deadlock in Washington, D.C. According to Axios, Democrats are prepared to bring bills to the Senate floor to end the shutdown, with at least 10 Senate Democrats expected to support the plan.

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Bank of Canada Cuts Rates to 2.25% as Tariffs Bite and Inflation Persists: What It Means for Forex Traders
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Bank of Canada Cuts Rates to 2.25% as Tariffs Bite and Inflation Persists: What It Means for Forex Traders

The Bank of Canada (BOC) has officially lowered its policy rate to 2.25%, marking a 25 basis point cut as the economy faces pressure from steep US tariffs and slowing growth. While the move is designed to support the economy amid trade disruptions, it also signals that policymakers are balancing between stimulating growth and keeping inflation stable near their 2% target.v

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