The dollar remained under pressure through the N.Y. session on Tuesday, with risk-off firmly in place following the weekend N. Korea nuke test. In addition, U.S. politics, and hurricane concerns remain, with immigration, the debt ceiling, budget, and tax reform all up in the air, as the dysfunctional U.S. Congress returns to work from a recess. EUR-USD made its way to 1.1940 from lows near 1.1880, as USD-JPY slid to 108.65 from early highs of 109.25. USD-CAD printed new 26-month lows, as oil prices rebounded, and as the market positioned ahead of Wednesday’s BoC policy announcement.
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