The FX market was relatively calm through the N.Y. Thursday session, with the dollar overall trading in a mixed fashion. Risk taking levels started out fairly flat, though as oil prices rallied in afternoon dealings, stocks took off higher. This saw USD-JPY print the 113.00 mark, up from lows of 112.40 early in the session. EUR-USD was range bound, idling between 1.0987 and 1.1042. Cable found support into the 1.3900 level, before rallying to 1.3972 highs.
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