The dollar traded mostly sideways in N.Y. on Friday. There was no data to move markets, though Wall Street posted gains, and yields moved a bit lower relative to Thursday’s close. EUR-USD meandered inside a 1.2318 to 1.2286 band, while USD-JPY managed a narrow 106.90 to 106.52 range. USD-CAD dipped on hotter Canadian CPI data, bottoming at 1.2610 before bouncing. Cable ran into sellers over 1.4000, and bottomed at 1.3960.
[EUR, USD]