The Dollar slipped some in N.Y. trade on Friday, taking the DXY from near two-week overnight highs of 96.05 to 95.55 lows. Soft U.S. housing data had little impact, and pre-weekend profit taking appeared to have been the main driver, following a week of fairly steady gains. EUR-USD rallied from 1.1458 lows to 1.1535 highs, with the recovery of Italian assets supporting. USD-JPY was range bound between 112.37 and 112.54, while USD-CAD popped to 1.3133 following cooler Canada inflation and soft retail sales data. Cable was steady near 1.3050, later rallying to 1.3104 on reports that the U.K.
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