The dollar plied a softer track in thin market trade today, steadily losing ground during both the Asia-Pacific and European AM sessions. This backdrop helped oil prices extend the 3%-plus gains of yesterday. EUR-USD lifted above 1.0950, putting some distance in from yesterday's low at 1.0869, while the dollar ebbed to a 10-week low against the yen, at 120.25, and a nine-day nadir versus the Aussie, with AUD-USD rising to a peak of 0.7280.
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