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The US Dollar is trading lower against G10 currencies due to geopolitical risks and policy uncertainty, with traders hedging against volatility at decade-high premiums, potentially pushing the Dollar to a four-year low. Gold surged past five thousand dollars an ounce as central banks and sovereign wealth funds shift from Dollar holdings to precious metals amid fears of debasement. Political tensions, including a looming government shutdown, add further pressure. The Japanese Yen has strengthened to a two-month high, with rumors of Bank of Japan intervention debunked, while the Euro has reached its highest level since June 2021, driven by Dollar weakness and its appeal as a safer alternative.