The Dollar index started Tuesday’s N.Y. session on a firmer footing, though later in the morning session took off to fresh trend highs of 96.78. U.S. data featured import and export prices, though there was little FX market impact. EUR-USD opened near 1.1405, and made its way to new lows of 1.1330 late in the session. USD-JPY took out buy-stops at 111.20 on its way to 111.31 highs. USD-CAD was range bound, but unable to hold the 1.31 handle. Cable slid to 1.2705, levels last seen on June 26 of last year.
[EUR, USD]