On 7 November 2025, the U.S. dollar slipped against major currencies including the euro, as the prolonged federal government shutdown and weak job-market signals weighed on the greenback. Analysts at Jefferies and TS Lombard flagged that delayed jobs data and rising uncertainty were putting pressure on the dollar’s safe-haven appeal, even as elevated Treasury yields persist. The move highlights how fiscal disruption is beginning to spill into currency markets and global capital flows.