Dollar Rally Pauses: The greenback softened after a week of gains as weak US job indicators surfaced amid the ongoing government shutdown.

• China Trade Data Disappoints: Weak export and import figures add pressure on global trade and weigh on commodity-linked currencies.

• EUR/USD Outlook: The euro may recover from the 1.1470 low, but sustained strength depends on clearer US labor market signals.

• BoE Watch: Markets may be underpricing a December rate cut — GBP could weaken if Governor Bailey tilts dovish.

• Market Mood: Nasdaq volatility, Fed’s dovish speakers, and easing repo tightness point to potential DXY consolidation near 100.

What’s Next?: The dollar’s short-term strength looks stretched. With softening data and improved liquidity, consolidation seems more likely than continuation. Staying cautious on DXY while monitoring BoE and US jobs developments.