The dollar rallied early in the session, following a 15-year low initial jobless claims print, and an uptick in ECI. After peaking at 1.1250 in London, EUR-USD slipped to 1.1117 lows following the data. As Wall Street faltered however, the euro made its way back over 1.1200. USD-JPY meanwhile, rallied to 119.89 highs, after finding support into 118.50 overnight. This level has marked the low for the past month. USD-CAD found buyer into the 1.200 mark, before rallying over 1.2130 on initially weaker oil and gold prices.
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