The euro gained strength on Tuesday, increasing by 0.2% to $1.0512, after President Donald Trump did not include the euro area in his latest tariff threats. This has made the common currency more favorable compared to most other Group-of-10 currencies.

Trump's announcement focused on imposing additional tariffs on the United States' main trading partners, but did not mention Europe, which has boosted investor confidence in the euro. As a result of the president's comments, the dollar also saw a boost across the board. Market analysts believe that this positive movement for the euro is in line with historical trends, as September is typically a strong month for the currency. Investors are closely watching the evolving trade dynamics.