Early trade in New York: Euro edges down versus dollar

The euro softened slightly against the dollar and yen on Tuesday after stronger US economic data and uncertainty persisted over possible European Central Bank monetary policy action next month. The euro steadily lost ground on the greenback as investors in the United States and the Britain returned from long holiday weekends and encountered higher-than-expected US durable goods data that was tempered by revisions to past reports.
In mid-morning New York trade, the euro fell 0.15 percent to $1.3625, plumbing Monday's three-month low of $1.3614 in holiday-thinned trade. Against the yen, the euro softened 0.14 percent to 138.07. The dollar index reversed course and gained ground against a basket of currencies to rise 0.03 percent.