The dollar traded softer, with EUR-USD lifting to a six-day high at 1.0882 and USD-JPY sinking to the lower 118s. AUD-USD, meanwhile, clocked a 19-day peak at 0.7052 as the Aussie outperformed following slightly perkier than expected inflation data out of Australia. Oil prices traded lower, but remained comfortably within yesterday's range. Stocks in Asia rallied for the most part, ex-China and ex-Australia, while the main Chinese indexes pared intraday losses in late trade. European stocks and U.S. equity futures failed to keep the momentum up and declined as oil prices sank.
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