Many FOMC members appear very concerned about current conditions and the outlook. With the bank's inflation bias eliminated from their statement on August 17, and the economy steadily deteriorating, there is little doubt that the Federal Reserve will cut the Fed Funds rate on September 18.

The greenback was essentially range bound during Asian and early European trade as speeches from a number of Fed officials signaled a reluctance to aggressively ease monetary policy.

Americans' lingering concerns that something, somewhere will go horribly wrong on the anniversary of the September 11 attacks could lead to a rather subdued session on Tuesday.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for September 11.

The feds are determined to postpone a correction caused by too much debt by giving Americans more credit.

Derek Frey provides weekly market commentary on currencies for the week of September 10.

The price action in the financial markets indicates that traders are nervous and Fed officials attempt to pacify the market’s fears.

On Tuesday, Canadian economic data is expected to be mixed as housing starts are estimated to rise, while the international merchandise trade balance is predicted to narrow.