The FX market was subdued in N.Y. trade on Tuesday, with the dollar losing modest ground to the euro and pound, while posting gains against the yen and CAD. EUR-USD peaked at 1.0900 from lows at the open near 1.0860, as USD-JPY lifted to 123.01 highs from 122.73. Oil's fall under $46..60 early allowed USD-CAD to post fresh 11-plus year highs of 1.3622, as cable recovered the 1.50 handle from lows under 1.4960. The economic calendar was empty. Global growth concerns and the commodity meltdown kept Wall Street under water, while yields were fairly steady.
[EUR, USD]
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