Commerzbank: Government Shutdown May Have Limited Impact on the US Dollar

Jinse Finance reported that Thu Lan Nguyen, an analyst at Commerzbank, stated in a report that if the US Congress fails to reach an agreement to avoid a government shutdown this week, the impact on the US dollar is expected to be relatively limited. A government shutdown would delay the release of this week's US employment market report, and a prolonged shutdown could drag down the economy. However, "these effects are not permanent," she said. The data will eventually be released, and the economic consequences will be compensated for, just as in the past. "Therefore, during recent government shutdowns, the US dollar has tended to be relatively unaffected."