The dollar gained against a generally weaker yen, which weakened amid a risk-on backdrop, but lost ground to the euro, which ran to a fresh six-month high, in addition to sterling, which was propelled higher by warmer than expected UK inflation data, the Canadian dollar, which was buoyed by a rise to four-month highs in oil prices, and the Australian dollar, which was underpinned by higher commodity prices and an above-forecast business survey. USD-JPY rose to within a few pips of yesterday's high at 108.44.
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