The Dollar index rallied to two-month highs of 96.53 in N.Y. on Wednesday, as safe-haven buying again stepped in as a result of another Wall Street sell-off. Flash U.S. PMIs were stronger, though were offset some by weak new home sales figures. EUR-USD bottomed at 1.1380, while USD-JPY was range bound in the lower 112’s. USD-CAD fell to 1.2971 after the BoC raised interest rates, as was expected. Cable fell to 1.2868.
[EUR, USD]