• The US Dollar trades flat in the European trading session ahead of some lower-tier economic data.
• All eyes are on the first debate between Trump and Harris on Tuesday night in Philadelphia. 
• The US Dollar Index halts its rally ahead of testing a vital resistance level. 

The US Dollar (USD) is sidetracking on Tuesday, away from being data-driven on riding the US Federal Reserve (Fed) comments for a brief moment. All eyes on Tuesday will be on the clash between former US President Donald Trump and Vice President Kamala Harris in their race for the White House. It will be the first – and possibly the only time – that the two candidates will get to debate each other in an attempt to win more votes as polls suggest that Trump has regained some ground compared to where things stood after the Democratic convention. 

On the economic data front, the economic calendar doesn’t offer much market-moving numbers to digest on Tuesday.  Even the speech from Federal Reserve Vice Chair for Supervision Michael Barr is not expected to have any impact as the Fed is already within its blackout period ahead of the Federal Open Market Committee (FOMC) gathering on September 17 and 18. It looks like markets will have a dull day ahead if no comments or major headlines emerge.