FX trade was quiet in N.Y. on Thursday, with most of the action coming in the immediate aftermath of tame U.S. CPI data, and softer retail sales. The dollar slipped to session lows following the data, though picked up a modest bid tone subsequently. EUR-USD ranged between 1.1295 and 1.1248 through the day. USD-JPY meanwhile, dipped briefly under 109.00 before heading back over 109.30 on steady risk taking levels. USD-CAD followed oil prices around, as cable was stable on either side of 1.4150.
[EUR, USD]
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