The dollar has traded softer, correcting some following the sharp gains seen in the wake of the Fed’s hawkish turn on Wednesday. EUR-USD nudged above 1.1960, up over a big figure form the post-Fed low, and USD-JPY tipped to a low of 111.65, correcting after rallying in eight of the previous nine sessions and putting distance in from yesterday’s two-month peak at 112.71. EUR-JPY and other yen crosses also posted losses.
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