The EUR/USD pair steadied around 1.15 after five straight sessions of losses. Strong US employment and services data lowered the likelihood of a December Fed rate cut, supporting the dollar’s tone. Meanwhile, the European Central Bank held rates unchanged but noted slightly firmer growth prospects.

Gold hovered near $3,980 per ounce, close to a four-week low. The metal’s limited movement reflected fading expectations for additional Fed easing following the robust US data and persistent inflation pressures. Traders also pointed to uncertainty stemming from the government shutdown, which delayed key labor releases and complicated the broader economic picture.

Energy markets faced continued pressure. Brent crude held near $63.5 per barrel, weighed down by concerns of oversupply after US figures showed the largest crude inventory build since July, adding over 5 million barrels. 

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