On Monday, the US dollar faced notable pressure, weakening against several major currencies, including the Japanese yen and the euro. The primary factor behind this downturn was the ongoing uncertainty surrounding President Donald Trump's trade policies and their potential economic impact. Investors, still unsure of the broader consequences of Trump's tariff strategies, took a cautious approach, contributing to the dollar's retreat.

The U.S. dollar maintained a stable footing on Monday as investors approached the week with caution, awaiting a slew of economic indicators that could shed light on the real impact of President Donald Trump's ongoing trade policies. Although tensions between the U.S. and China showed signs of easing, uncertainty still loomed over the currency markets.