The dollar got crushed again in N.Y. trade on Friday, lifting EUR-USD to two-month highs of 1.1376, and USD-JPY to better than one-month lows of 121.81. Another Wall Street meltdown following renewed China growth fears turned the session into another "risk-off" day, and brought the DJIA to a near "correction" level, as the index closes in on a 10% decline from 2015 highs. Renewed Greece concerns, following the called snap election there was overlooked by the markets, as focus overall was on risk and reduced odds for a September Fed rate hike.
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