Group 1: Dollar Index and Economic Indicators - The dollar index (DXY00) is up by +0.29% at a 3-month high, driven by increased liquidity demand due to a slump in equity markets and support from Fed Chair Powell's comments regarding interest rates [1] - The ongoing US government shutdown is exerting pressure on the dollar, with a 70% chance of a 25 basis point rate cut by the FOMC at the next meeting on December 9-10 [2] - October Wards total vehicle sales slowed to 15.32 million, below expectations of 15.50 million, marking the lowest sales in 14 months, which is a bearish factor for the dollar [3] Group 2: Euro and Central Bank Dynamics - The euro (EUR/USD) is down by -0.34% and has reached a 3-month low, primarily due to the strength of the dollar, although central bank divergence supports the euro as the ECB is seen as nearing the end of its rate-cut cycle [3] - ECB Governing Council member Rehn commented on the Eurozone's sluggish but resilient growth, highlighting two-sided inflation risks and the importance of maintaining flexibility in decision-making regarding interest rates [4] - Swaps indicate a 7% chance of a -25 basis point rate cut by the ECB at the December 18 policy meeting [4] Group 3: Japanese Yen and Market Reactions - The yen (USD/JPY) is down by -0.48% but has recovered from an 8.5-month low, with signs of potential intervention by Japanese authorities to support the yen following comments from Finance Minister Satsuki Katayama [5] - Higher Japanese government bond yields, with the 10-year JGB yield rising to a 3-week high of 1.691%, have strengthened the yen's interest rate differentials [5] - Lower T-note yields are also supportive of the yen, contributing to its recovery [5]