Various global markets display diverse movements, such as AUD\/USD targeting the 0.6700 level and EUR\/USD reclaiming positions above 1.1700. Gold is approaching its peak values north of $3,800 per ounce, while Bitcoin stabilised above $114,000 amid concerns of a government shutdown.<\/p>\n
The Federal Reserve, under Chair Jerome Powell, described the economic state as challenging, with a dovish sentiment prevailing. A list of top brokers for EUR\/USD trading in 2025 is available to guide those navigating the Forex market.<\/p>\n
It’s crucial to understand that all information and viewpoints presented may not perfectly align with the facts. Any reliance on these details is at one’s own risk, and consultation with a financial advisor is advised. FXStreet and its authors do not provide personalised investment recommendations.<\/p>\n
Given the broad weakness in the US Dollar, we should be looking at strategies that profit from this trend continuing. The dovish tilt from the Fed and concerns over a government shutdown create a powerful headwind for the greenback. Looking back at the 35-day shutdown in 2018-2019, we saw a similar pattern of dollar weakness that favored safe-haven assets and other major currencies.<\/p>\n
Gold is clearly benefiting from this environment, and with it pushing all-time highs near $3,800, buying call options is a direct way to speculate on further upside. The uncertainty from a potential government shutdown could also increase market volatility, making long positions on the VIX through futures or options a reasonable hedge. Historically, the VIX index has shown notable spikes during periods of significant government gridlock in the United States.<\/p>\n
For the EUR\/USD, its move above 1.1700 suggests strong momentum, but key data releases this week could introduce turbulence. We could use options to manage this by constructing a bull call spread to capitalize on further gains while capping our costs. This strategy allows us to participate in the uptrend driven by dollar weakness but with a defined risk profile ahead of the US jobs report.<\/p>\n
Bitcoin’s stability above $114,000 presents another opportunity, especially with the bullish seasonal narrative of “Uptober” approaching. Historically, October has been a strong month for Bitcoin, finishing positive in about 70% of the years since 2013, which supports taking a long position. We can use futures contracts to gain exposure ahead of the Non-Farm Payrolls data, which could inject more volatility and confirm the trend.<\/p>\n
The slightly weaker Mexican job data, with unemployment at 2.9%, is unlikely to derail the bigger picture of US dollar weakness. While this rate is a slight increase, it remains near multi-decade lows for Mexico, indicating a resilient labor market compared to what we saw in the early 2020s. We should view any resulting weakness in the Mexican Peso as a potential opportunity to enter short positions on the USD\/MXN pair.<\/p>\n
Create your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" Mexico\u2019s unemployment rose to 2.9% in August 2025; markets reacted with mixed sentiment and caution.<\/p>\n","protected":false},"author":62,"featured_media":16967,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-31333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/31333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=31333"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/31333\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/16967"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=31333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=31333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=31333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}