The dollar tilted lower in N.Y. on Wednesday, as data misses weighed on the dollar, yields, and Wall Street. The ADP employment survey was light of expectations, as was the March manufacturing ISM, and construction spending. EUR-USD opened near 1.0840, and made its way to session highs of 1.0795 into the London close. USD-JPY meanwhile, slipped from over 120.20 to a base of 119.43. Resurgent oil prices, following an apparent halt in Iran nuclear negotiations saw oil prices rally sharply, which in turn pushed USD-CAD under 1.2600, and AUD-USD over 0.7640.
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