US dollar is trading in both directions against its main competitors.
The pair EUR/USD dropped to the level of 1.1913 in view of unsatisfactory data on inflation in Eurozone. CPI in August made up 1.5%, and the basic index – 1.3%, however the indicators are far from target levels. Currently the price has regained positions and is trading around 1.1960. Generally, the market will wait for Wednesday and the results of the Fed's meeting.
The pair GBP/USD is correcting after considerable growth today. Currently the price is around the level of 1.3230 (-0.40). In the evening investors will be waiting for the speech of the head of the Bank of England Mark Carney at the IMF conference in Washington.
In the pair USD/JPY the US currency is also strengthening, and the pair is trading around 111.40 (+0.27%). Low activity is explained by a holiday in Japan.
The pair AUD/USD demonstrated mixed dynamics today. The data on new car sales helped the price reach the level of 0.8032, but by now the pair has been corrected to 0.7990.
Metals continue to fall today: gold is trading around 1310.80 (-0.48%), and silver – 17.30 (-1.27%).
In the first part of the day oil quotes grew in view of considerable reduction of the number of drilling rigs in the USA. According to the Baker Hughes report their number dropped from 756 to 749 after Harvey storm. However currently the price is in technical correction. Brent is trading around 55.00, and WTI – 49.90.