The dollar lost ground in morning dealings, as stocks slipped, following China's lead, and as oil prices fell. Incoming U.S. data was mostly disappointing, as personal income was flat, construction spending missed the mark, consumption was soft, and manufacturing ISM remained mired in contractionary territory. EUR-USD topped at 1.0912 after opening at 1.0870 following the ISM data, though couldn't hold the figure, while USD-JPY slipped into 120.68 lows, though later managed to reclaim the 121 handle, as Wall Street pared losses.
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