Dollar just a touch lower at the balance to start the week

September 1, 2025
-FXnews

There isn’t too much action to start the new week but market players will be stepping with some caution at least. That after Trump’s tariffs were deemed illegal by a US federal appeals court over the weekend. Sure, the uncertainty continues to cause a dent amid more policy inconsistency and incoherence in general. But at this stage, markets can come to expect that to be part of the script when it comes to Trump’s playbook.

The greenback is keeping little changed today with light changes overall for the most part. It is only EUR/USD that is seen slightly higher by 0.3% to 1.1720 levels. The high earlier touched 1.1733 but is kept in check by short-term resistance around 1.1730-40 for the time being.

Other major currencies are not showing all too much appetite with US markets being out today for the long weekend

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