The dollar continued to tumble as yesterday's less hawkish than expected Fed statement continued to resonate in markets. EUR-USD rallied through 1.1400, brining the May-15 four-month peak at 1.1466 into scope. USD-JPY dove to an eight-day low 122.55. Cable hit a seven-month high of 1.5929. NZD-USD was an exception in the broader trend, trading weaker following a big miss in NZ GDP data.
[EUR, USD]
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