Key TakeawaysUS Government Shutdown Looms with No Back Pay for Furloughed Workers: A draft White House memo indicates that furloughed federal employees may not receive back pay after the current government shutdown, reversing established policy and a 2019 law, intensifying pressure on Congress.RBNZ's Aggressive Rate Cut Boosts AUD/NZD: The Reserve Bank of New Zealand unexpectedly cut its Official Cash Rate by 50 basis points to 2.50%, sending the AUD/NZD currency pair to a three-year high as the Australian ...