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Social Security benefit payments will still go out on time, according to the agency. But certain services may not be available.

The Pound Sterling (GBP) is up a modest 0.2% against the US Dollar (USD) and outperforming most of the G10 currencies into Wednesday’s NA session, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Euro (EUR) is soft, down a marginal 0.1% against the US Dollar (USD) as it underperforms most of the G10 currencies along with the CAD and CHF, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Canadian Dollar (CAD) picked up a little ground in overnight trade on the news out of Washington DC but is currently trading close to the overnight low seen earlier against the big dollar and near yesterday’s session low, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report.

US lawmakers failed to reach a last-minute deal on funding the government last night, triggering the first federal shutdown in close to seven years.

The US Dollar is heading lower for the fourth consecutive day against the Japanese Yen on Wednesday, testing six-week lows near the 147.00 level, hammered by a combination of market concerns about the US government closure and a hawkishly tilted Bank of Japan’s monetary policy minutes.The BoJ’s Summ

The U.S. government, Nvidia and Softbank have all taken recent stakes in Intel.

President Donald Trump has sought to fire Federal Reserve Governor Lisa Cook, citing claims that she committed mortgage fraud in connection with two homes.

Chair Jerome Powell and his fellow central bankers likely will err on the side of caution, which would be a bias towards easing.

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