FX Closing Comments

The Dollar was under pressure today, during a dry day for data. The big mover was the Pound, whose gains carried over into the other pairs. The September Dollar index ending the day down 45 points. Durable good and housing figures are still due later in the week, with very little expected on Tuesday. In Europe, there is the German IFO index report for August due on Wednesday, with the Zew index on tap for tomorrow and expected to fall to 12, from last month's 15.