The US Dollar index is recording some gains during early Tuesday trading, following the publication of disappointing German industrial data. The greenback is once again fulfilling its role of safe haven, rising whenever market sentiment edges towards risk-off, while the Euro retreats. After a fall of 17.5% in April, it was widely expected that German industrial production would recover sharply. However, the increase in activity was a mere 7.8%, curbing some of the enthusiasm towards the single currency that had dominated markets on Monday.
