The Dollar Is Slightly Soft Heading Into Tuesday

The Dollar is slightly soft heading into Tuesday, with the September Dollar Index down 15 ticks, after a sizeable 90-point jump yesterday. Overseas, equities are slack, especially the Japanese Nikkei, which was playing catch-up after their Ocean Day holiday on Monday. The Nikkei was down 408 points. Middle East tensions continue to weigh on sentiment, while crude was up approximately 75 cents in the overnight session. This morning, the European data included the influential German ZEW survey, which slipped 15.1 from the previous month's 37.8. UK consumer inflation was reported on the high side. Read More....