Group 1: Dollar Index and Economic Indicators - The dollar index (DXY00) is down by -0.13% due to the likelihood of a government shutdown and lower T-note yields weakening interest rate differentials [1] - The Conference Board US September consumer confidence index fell -3.6 to a 5-month low of 94.2, which was weaker than expectations of 96.0 [3] - August JOLTS job openings rose by +19,000 to 7.227 million, indicating a stronger labor market than the expected 7.200 million [3] Group 2: Federal Reserve Commentary - Fed Vice Chair Philip Jefferson expressed concerns about a softening labor market and increasing inflation pressures, hinting at stagflation [1][4] - Boston Fed President Susan Collins mentioned the appropriateness of a modestly restrictive policy stance to restore price stability while limiting labor market risks [4] - Markets are pricing in a 97% chance of a -25 basis point rate cut at the next FOMC meeting on October 28-29 [4] Group 3: Euro and Economic Conditions in Europe - The EUR/USD is up by +0.11% due to a weaker dollar and stronger-than-expected price pressures in Germany, with German September CPI rising more than expected [5] - Gains in the euro are limited by an unexpected decline in German August retail sales and a rise in German September unemployment [5]