03 Oct 2025 | 5 Mins Read
Fed Remarks to Guide Dollar as US Shutdown Continues
Flipitmoney
Foreign exchange forecaster Jason Schenker predicts the dollar will weaken further due to the US government shutdown, which will delay economic data releases. The gauge for the dollar has dropped over 8% so far this year and Schenker expects it to fall further, while forecasting the euro to rise to $1.19 by year-end and the yen to strengthen to 145 per US dollar this year.