The dollar has been steady-to-firm in trade so far today, maintaining the bias seen on the back of a stream of Fedspeak this week that has effectively reworked the central bank's guidance to a more hawkish tone relative to that delivered by last week's FOMC meeting. EUR-USD has edged out an eight-day low of 1.1157, and USD-JPY has logged an eight-day high at 112.97, and is looking set to test its 20-day moving average at 113.01. The dollar is also foraying into eight-day high terrain versus sterling and the Australian and Canadian dollars.
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