AUD/USD Rises Amidst US Government Shutdown Resolutions: Forex Market Report
· Forex · QuoteReporter
AUD/USD Rises Amidst US Government Shutdown Resolutions: Forex Market Report
Published: November 10, 2025
Market Overview
The U.S. government shutdown, which persisted due to the Senate Democrats’ refusal to approve a bill without an extension of ACA tax credits, appears to be nearing an end as the first stage of a new deal has been passed in the Senate. The shutdown’s end could have implications for the forex market, as it may bring stability to the U.S. economy and thus to the U.S. dollar.
Meanwhile, trade tensions between the U.S. and China seem to be easing as China lifts certain restrictions on the export of critical minerals and rare earth materials to the U.S. This move may strengthen the U.S. dollar by easing supply chain issues. On the other hand, Asia markets, led by South Korea’s Kospi, are rebounding following an AI-driven sell-off, and investors are evaluating China’s October inflation data, which exceeded expectations. This could potentially impact Asian currencies and their valuations against other major currencies.
Lastly, the Supreme Court is set to revisit whether the Trump administration can be compelled to pay full food stamp benefits to 42 million Americans, a decision that could further affect the U.S. economy and currency market.
Major Currency Pairs Performance
| Currency Pair | Price | Daily % | Weekly % | Monthly % |
|---|---|---|---|---|
| EUR/USD | 1.15539 | -0.10% | +0.63% | -1.52% |
| USD/JPY | 154.02500 | +0.64% | -0.12% | +3.68% |
| GBP/USD | 1.31444 | -0.18% | +0.97% | -2.22% |
| USD/CHF | 0.80649 | +0.06% | -0.16% | +1.14% |
| AUD/USD | 0.65250 | +0.73% | -0.17% | -0.76% |
| USD/CAD | 1.40287 | -0.61% | -0.18% | +0.84% |
| NZD/USD | 0.56310 | +0.02% | -1.27% | -2.50% |
Performance Charts
Best Daily Performer
Technical Analysis: 1. The AUD/USD pair is currently trading within a tight range, denoted by its position within the 20-day range, reflecting a lack of clear trend in either direction.
2. The pair is trading below both 50-day and 200-day SMAs, indicating a potential bearish bias. However, the upward daily change suggests possible short-term bullish momentum.
3. Given the conflicting signals, the short-term outlook remains uncertain. Traders should closely watch the support and resistance trendlines for a potential breakout to confirm directional bias.
Worst Daily Performer
Technical Analysis: 1. Currently, the USD/CAD is experiencing a minor downtrend within a broader uptrend, as suggested by the slightly lower daily and weekly changes, but a positive monthly change and a position above the midpoint in the 20-day range.
2. The pair is hovering around the 50-day SMA, indicating a potential support level, whereas a significant resistance level can be expected at the 200-day SMA.
3. Given the current data, the short-term outlook suggests a potential bounce back from the 50-day SMA support, but a sustained rally may be capped by the 200-day SMA resistance.
Normalized Performance – All Majors (3 Months)
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