The dollar continued its decline on Tuesday (September 30th), falling for a third straight day. Most G-10 currencies strengthened, with the Norwegian krone and Canadian dollar lagging amid a crude oil selloff.
The Bloomberg Dollar Spot Index fell more than 0.1%, for a total decline of about 0.7% over the past three sessions.
USD/JPY fell for a third day to 147.99, down 1.2% overall.
EUR/USD rose 0.1% to 1.1741, rising for a third session. German Inflation Exceeded Expectations, Supporting Caution on Interest Rates. GBP/USD rose 0.1% to 1.344. USD/CAD edged higher to 1.3919, its first gain in three days.
US data on Tuesday includes the FHFA home price index, the S&P Capitalization US and 20-city home price index, the Dallas Fed services activity index, the Chicago MNI PMI, the JOLTS job loss rate and rate, the layoff rate and rate, and the Conference Board's consumer confidence, current situation, and expectations index. Jefferson, the Fed's Collins, Goolsbee, and Logan are scheduled to speak on Tuesday. (alg)
Source: Bloomberg
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