USD Stable Ahead of These 3 Data Releases!

<p>&nbsp;Heading into the European session, the US dollar regained support to recover from the decline recorded in the Asian session.</p><p><br /></p><p>Investors' focus today will be on the US home price index (HPI), consumer confidence and job opening report (JOLTS) data in the New York session.</p><p><br /></p><p>The three data may be the next driver for the US dollar which has exhibited a dismal performance at the beginning of the week.</p><p><br /></p><p>At the time of writing, the dollar index which measures the strength of the greenback against a group of other major currencies is at around 104.08.</p><p><br /></p><p>During the Asian trading session, Japan's unemployment rate rose to 2.7% in July from 2.5% in June.</p><p><br /></p><p><br /></p><p>At the same time, the annual economic report showed widening price and wage increases in Japan since spring 2022, signaling the country has reached a turning point in its 25-year fight against deflation.</p><p><br /></p><p>The yen traded flat at a nine-month low at around 146.50 against the greenback.</p><p><br /></p><p>Meanwhile, the euro and the pound remain stuck around lows after failing to find support to rally against the US dollar.</p><p><br /></p><p>Meanwhile, the Aussie dollar traded little changed as investors now focused on the release of Australian inflation data for August.</p>