Dollar Could Recover Briefly on Inflation Data, Tax Deadline

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Dollar Could Recover Briefly on Inflation Data, Tax DeadlineStock Market News for Monday, Sept. 8, 2025: Nasdaq Climbs to New Record HighLast Updated:12 hours agoByRenae Dyer, Dow Jones NewswiresThe dollar could enjoy some brief respite this week on potentially higher-than-forecast U.S. inflation data and an upcoming U.S. corporate tax payment, ING's Chris Turner said in a note.Economists in a WSJ survey expect data on Thursday to show inflation rose 0.3% month-on-month in August after a 0.2% rise in July. However, there is a risk of a 0.4% increase, Turner said.The U.S. corporate tax payment deadline of Sept. 15 could also provide some support to the dollar.