The dollar lost ground again in morning N.Y. trade on Thursday, resulting in EUR-USD rallying to five-month highs of 1.1412. USD-JPY held above 112.00, but struggled over the 112.50 mark. USD-CAD printed a five-month low of 1.2858 on better Canada GDP data, though later moved back over 1.3000 as oil prices fell again. Cable traded a broad path on either side of 1.4400. U.S. data was mixed, with jobless claims ticking up some, while Chicago PMI returned to expansionary territory again. Wall Street traded a narrow band, while yields remained inside of familiar territory.
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