The dollar rallied broadly in N.Y. trade on Wednesday, with price action driven by better incoming U.S. data, and testimony from Fed chair Yellen, who left the door open for a 2015 rate hike. PPI data was hotter than forecast, while the Empire State index, and industrial production beat estimates as well. EUR-USD fell from opening levels near 1.1020 to a low of 1.0930. as USD-JPY ramped up from under 123.40 to highs just under 124.00.
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