FX trade was relatively light in N.Y. to start the week, with little in the way of data to drive prices, and as traders remained largely sidelined into Wednesday’s FOMC announcement. The dollar dipped in early trade, before managing a modest comeback after the London close. EUR-USD topped at 1.1811, later basing at 1.1784. USD-JPY touched 113.28 lows early, before peaking at 113.49, while USD-CAD idled on either side of 1.2850. Cable fell to 1.3330 lows.
[EUR, USD]