An extremely quiet second to last trading day of the year was in store for the FX market in N.Y. on Wednesday, with once again, very narrow and familiar dollar ranges seen. The greenback was a bit firmer overall however, as EUR-USD idled inside of 1.0903-43, and USD-JPY managed 120.52-63. USD-CAD traded with a firmer bias, as oil prices fell back under $36.50, while cable short covering appeared to be in play, lifting the pound from under 1.48 to highs near 1.4850.
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