Following Wednesday's sharp rally, the dollar was relatively subdued through the N.Y. session. Q3 U.S. GDP disappointed, though yields continued their march higher. The dollar later settled into a narrow trading range versus the major currencies, though has retained the bulk of gains it made post-FOMC. EUR-USD made N.Y. session lows of 1.0925 earlier, before topping out at 1.0986, and then settling in near 1.0960. USD-JPY has held the 121 handle in the lead-up to tonight's BoJ meeting, while cable plied a thin range on either side of 1.5300.
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