FX trade was subdued in N.Y. on Tuesday, with narrow ranges the rule through the session. EUR-USD again traded near the bottom of its recent ranges, straddling the 1.1400 level through the day. USD-JPY meanwhile found support from the risk-on conditions and threatened intervention talk from Japan's finance minister, topping near two-week highs of 109.35. USD-CAD plied a 1.2920 to 1.2978 band, following the oil market, as usual. Cable managed to hold the 1.44 handle, though gains were capped at 1.4478.
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