FX trade was quiet in N.Y. on Thursday, with focus remaining on position adjustments into what will be a long week for many. A weak durables report soured sentiment to a degree, which took Wall Street into moderately red territory. Major dollar pairings were stuck inside of narrow trading ranges. EUR-USD muddled along between 1.1150 and 1.1181, as USD-JPY managed a 112.37 to 112.76 trading band. Softer oil prices again supported USD-CAD, though as prices later recovered, the pairing eased into 1.3245 from highs over 1.3295.
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