U.S. Dollar Index Trading Higher, Spending Flat

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The December U.S. Dollar Index is trading at 95.79, up 0.31. The U.S. Dollar Index is trading choppy and a little under the session highs. Market talk about global headline news is making the rounds. The U.S. Bureau of Economic Analysis reported that August personal income rose 0.2 percent versus rise of 0.4 percent in July. Personal Spending slowed to unchanged versus a 0.4 percent rise in July. The July Core PCE Price Index rose 0.2 percent versus a 0.1 percent rise in July. The Year over year Core PCE is now 1.7 percent versus 1.6 percent in July. The Institute for Supply Management's (ISM) Chicago purchasing managers surveys (PMI) is due out at 9:45 a.m. ET. The University of Michigan consumer sentiment is due out at 10:00 a.m. ET.
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