uro futures moved lower to start the week, closing near 1.1640, which is approximately the midpoint of the recent one-month range of 1.1540 up to 1.1730. This price action comes amid continued uncertainties surrounding the U.S. government shutdown, central bank policies, and economic and trade policies, causing the market to wait for clarity. The implied volatility for Euro futures has been declining, nearing a year-to-date low, after peaking about a week and a half ago. Looking ahead, traders will receive the Philly Fed Non-Manufacturing index on Tuesday, and the market is forward-looking toward the delayed Consumer Price Index release on Friday. Traders will also hear from ECB President Lagarde later in the week.