FX trade was quiet through the Tuesday session in N.Y. with most major dollar pairings inside of relatively narrow trading bands. A much weaker than expected consumer confidence print resulted in the biggest moves of the day, though dollar losses were small in the scheme of things. Trade slowed to a crawl after the London close, as markets prepared for Wednesday's FOMC announcement. EUR-USD found support into 1.1020, though managed highs of just 1.10644 after the data. USD-JPY meanwhile was comfortable over 123.50, after it slipped from 123.79 highs.
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