The EUR/USD pair is ticking higher, trading near 1.1715.

The US dollar index dropped as Treasury yields fell after a disappointing August jobs report showed only 22,000 nonfarm payrolls added, far below the expected 75,000.

The start of the new school year promises to be eventful in the United States. The US Federal Reserve (Fed) is expected to cut interest rates for the first time in five years.

Stock markets are mostly higher as the week gets underway, boosted by the perceived increased likelihood that the Fed will cut rates by 0.75% at least over 2025.

EUR/JPY retreats after reaching 173.91, the highest since July 2024, on Monday.

Political developments in France and Japan are limiting the euro's and yen's chance to rally against the softer dollar.

Indian share markets are trading higher today, with the Sensex trading 267 points higher, and the Nifty is trading 83 points higher.

Bitcoin remains capped under $112K despite strong ETF inflows, with traders eyeing 107,300 support and 113,500 resistance as US inflation data looms.