The dollar firmed up in N.Y. trade on Wednesday, with EUR-USD weighed down by pre-ECB position squaring, and USD-JPY lifted by better risk taking levels, including a higher Wall Street, and surging oil prices. Aside from slightly better than expected March U.S. existing home sales, which had little impact, the economic calendar was empty. Elsewhere, with WTI crude printing $44, USD-CAD fell to 1.2594 lows, levels last seen in July in 2015. Cable meanwhile, ran into sellers over 1.440, though remained support over 1.4350.
[EUR, USD]
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