Reuters: Dollar softens as US-China talks take spotlight

"The dollar is retreating and momentum is fading...putting downward pressure on trading ranges and measures of implied volatility," said Karl Schamotta, chief market strategist, at Corpay Cross-Border Solutions in Toronto. "Investors believe that positive headlines emanating from the U.S.-China trade talks are largely priced in across the major currency pairs, Wednesday's inflation numbers are expected to come in soft, and even Thursday's 30-year Treasury auction is seen meeting with solid investor demand." Reuters: Dollar softens as US-China talks take spotlight