The dollar has continued to strengthen in the wake of yesterday's batch of solid U.S. data and hawkish-skewing Fedspeak. EUR-USD clocked a three-week low of 1.1256. The yen has been trading mixed, losing ground to the dollar and sterling while gaining, by varying degrees, against the euro and Australian and Canadian dollars. USD-JPY logged an intraday peak at 109.60, which is 5 pips short of yesterday's three-week high. The pair rebounded from a dip to 108.72 that was seen after Japanese GDP data smashed expectations, rising to +1.7% q/q, well up on the median forecast for a 0.3% rise.
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