After pulling back further in post-FOMC overnight trade, the dollar advanced in N.Y. on Friday, with some of the steep losses suffered after the Fed pared back into the weekend. Yields remained lower however, as Wall Street hit the skids, perhaps as the markets reckoned the Fed thinks there will be global growth obstacles ahead. Aside from in-line leading indicators, which were overlooked by the markets, the U.S. calendar was empty on Friday. EUR-USD peaked at 1.1460 ahead of the N.Y. open, and later managed lows of 1.1351. USD-JPY meanwhile, traded up to 120.00 from lows of 119.05.
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