The dollar lost some ground in N.Y. trade on Friday, seeing the DXY slip to 92.37 lows versus Wednesday’s 2018 high of 93.42. Softer import prices weighed on the dollar to a degree, as did comments from Fed’s Bullard early on, as he said further rate increases are not needed. The greenback recovered some after a consensus beating U. of Michigan sentiment outcome. EUR-USD ranged between 1.1932 and 1.1967. USD-JPY managed a 109.16 to 109.44 trading band, while USD-CAD bounced to 1.2799 on a softer Canada jobs report. Cable peaked at 1.3595 before pulling back.
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