With London on holiday Monday, FX trade was relatively quiet in N.Y. The dollar did trade mostly lower however, largely as soft income and PCE prices data came in on the soft side, which dialed back expectations for an April Fed rate hike. Yields eased some, while Wall Street traded on either side of flat through the session. EUR-USD opened near 1.1160 and peaked at 1.1219 by mid-morning. USD-JPY meanwhile, started near 113.50, and later based at 113.18. USD-CAD eased from 1.3250 to 1.3179 lows, as cable reclaimed the 1.4200 handle, topping at 1.4283.
[EUR, USD]
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