Last week, the United States dollar experienced a sharp decline after Challenger, Gray & Christmas revealed that there were 150,000 layoffs in October, marking the largest number in two decades.<\/p>\n
In trading on Monday morning (November 10, 2025), the US dollar showed signs of recovery, as seen in the EURUSD and GBPUSD pairs which opened gap down<\/em> at levels around 1.15545 and 1.13475 respectively. Meanwhile, the USDJPY had a gap up<\/em> at 153.655.<\/p>\n The US dollar received a boost following reports that eight Democratic senators have agreed to support temporary funding aimed at reopening the US government. The Senate requires at least 60 votes out of 100 to pass the temporary funding. With the agreement of these eight Democratic senators, they would achieve a total of 61 votes.<\/p>\n However, should an agreement be reached in the Senate, the draft of the temporary budget will then be submitted to the House of Representatives for approval and enactment into law, potentially bringing an end to the shutdown.<\/em><\/p>\n The prospect of the US government shutdown concluding has provided a positive sentiment for the US dollar, yet Gold continues to climb. As of 8:15 AM WIB, Gold reached a level of US$4,029.18 per troy ounce, rising over US$28 or 280 pips from the closing price of the previous Friday’s trading. Gold is currently experiencing favorable sentiment due to reports of mass layoffs in the United States, which could create a greater opportunity for the Federal Reserve to consider lowering interest rates in December.<\/p>\n","protected":false},"excerpt":{"rendered":" Last week, the United States dollar experienced a sharp decline after Challenger, Gray & Christmas revealed that there were 150,000 layoffs in October, marking the largest number in two decades. In trading on Monday morning (November 10, 2025), the US dollar showed signs of recovery, as seen in the EURUSD and GBPUSD pairs which opened […]<\/p>\n","protected":false},"author":4,"featured_media":97585,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142,5173],"tags":[5174,5176,5177,5168],"class_list":["post-97587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trading-analysis","tag-eurusd","tag-gbpusd","tag-usdjpy","tag-xauusd"],"yoast_head":"\n