The FX Market was relatively calm in N.Y. trade on Monday, though aside from USD-JPY, which was nearly static, the dollar faded lower through the session. Incoming U.S. data disappointed, with both the Empire State index and industrial production missing expectations. Wall Street faltered, while yields moved lower, both market moves the result of ongoing Greece tensions. EUR-USD opened at 1.1210, and moved higher from there, later peaking at 1.1287. USD-JPY meanwhile, found support at 123.30, though could barely manage a move back over 123.50.
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