The dollar index rallied to eight-session highs of 95.97 in N.Y. on Thursday, with gains coming on safe-haven flows into the Greenback. It was another risk-off session, with threats of Fed rate hikes, coupling with the Saudi situation, and ongoing European concerns over Italy. EUR-USD slid to 1.1455 lows after topping at 1.1516. The risk-sensitive USD-JPY bucked the trend, falling to 111.95 as Wall Street melted down. USD-CAD topped at 1.3088 as oil prices printed trend lows. Cable remained under pressure, bottoming at 1.3020, with no light seen at the end of the Brexit tunnel.
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