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Forex pairs in this Article » EUR/USD, GBP/USD, USD/JPY (Córdoba) - The USD trades mixed against major competitors to start the week as deadline to avoid a government shutdown in the US looms. Market sentiment is fragile, also weighed by political instability in Italy and disappointing data from China.

The EUR/USD trades just below 1.3500, while GBP/USD retreated from a 9-month peak back to the 1.6030 zone. USD/JPY remains under pressure at 97.60, having printed a 1-month low of 97.55, while the AUD/USD failed to sustain momentum with the recovery stalling at the 0.9335 zone.

Elsewhere, European stocks are broadly lower while US futures point for a negative open. During the New York session, watch for Chicago PMI and Dallas Fed Manufacturing Survey.

Main Headlines in Europe:

Germany: Annual Retail Sales rise 0.3% in August

UK: Mortgage Approvals increase to 62.226K in August

UK: M4 Money Supply grows 0.7% in August, as expected

EMU: Annual CPI-Core at 1% in September

Troika inspectors suspend Greek bailout talks

What would a US government shutdown mean for markets?
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