The dollar broke its losing streak in N.Y. trade on Tuesday, rallying broadly in the face of risk-off conditions. The USD index fell to levels last seen in January 2015 in overnight trade, basing at 91.92, before rallying 1% in N.Y. dealings, an perhaps putting an end to its string of six consecutive daily lower lows. EUR-USD faded into 1.1500 after topping at eight month highs of 1.1616 in London, as USD-JPY advanced over 106.30 from trend lows of 105.55. Cable softened into the mid 1.45s, while USD-CAD touched the 1.2700 mark, after making 10-month lows under 1.2500.
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