The dollar took another hit in N.Y. trade on Wednesday, where following the blowout trade deficit released on Tuesday, the April ADP employment survey missed the mark as well. Treasury yields moved higher still, though did not help the greenback. Wall Street tumbled, as Fed chair Yellen said equity market valuations were "quite high", which didn't do any favors to the dollar either. EUR-USD rallied to better than two-month highs of 1.1367, after opening near 1.1215, as USD-JPY fell to lows of 119.21, from highs of 119.85.
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