Euro futures opened the week near unchanged, closing at $1.1560 and ending a string of three consecutive higher closes. Since the European Central Bank policy meeting at the end of October, the euro has struggled, hitting a three-month low of $1.1469 last Wednesday before reversing and rallying. Volatility has also been moving higher after hitting year-to-date lows at the end of October. All eyes this week will be on the U.S. government shutdown negotiations, with optimism that the government can end the shutdown and release market-critical data points.
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