Dollar strength has been the theme of the session, with the US currency reaching fresh multi-month highs versus its rivals, and putting the EUR/USD, the GBP/USD and the USD/JPY on a run toward psychological levels. The EUR/USD resumed the slide and hit another 1-year low a few pips above 1.3100 after a bounce attempt was capped by the 1.3140 zone. The USD/JPY soared throughout the last sessions, peaking at a high of 104.97 and threatening the 105.00 level. The GBP/USD is among the worst performers, having pulled back sharply toward its lowest level in 5 months at 1.6516 before finding respite. The GBP has shrugged off solid construction PMI data and seems more focused on the news that the Scottish polling gap is narrowing into the referendum on Sep 18. Meanwhile stocks are broadly higher in Europe amid expectations the European Central Bank could launch further easing measures Thursday aimed to underpin growth and fight deflation. Commodities were lower amid broad dollar strength. Gold lost 1.28% to $1,270 an ounce while crude oil dropped 0.73% to $95.25 a barrel. The US rejoin markets after the long weekend, with ISM manufacturing PMI and the IBD/TIPP economic optimism index scheduled. The cautious tone is increasing as investors await the ECB meeting Thursday and the US nonfarm payrolls report Friday.