The dollar is sliding.
The US dollar index was down by 0.4% at 93.28 at 8:27 a.m. ET.
It has lost about 9% since President Donald Trump's inauguration.
"The US dollar has a softer tone today, and it was that way even for the European PMI," said Marc Chandler, global head of currency strategy at Brown Brothers Harriman, in commentary.
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Jennifer Jacobs and Saleha Mohsinreported Tuesday that Trump's senior advisors have produced a short list of candidates for the position: Janet Yellen, current Fed chair; Gary Cohn, National Economic Council chair and former Goldman Sachs chief operating officer; Kevin Warsh, former Fed board governor; Jerome Powell, current Fed governor; John Taylor, economist at Stanford.
In economic data news, ADP nonfarm employment came in at 135,000 for September, in line with the Bloomberg consensus.
Market watchers pay attention to the ADP reading because it sometimes foreshadows what the jobs number will be the following Friday.
As for the rest of the world, here was the scoreboard at 8:32 a.m. ET:
- euro
- British pound
- Indian rupee
- Russian ruble
- The