The Dollar pulled back from Wednesday’s trend high, leaving the DXY at lows of 96.20, down from 97.20 highs seen yesterday. Incoming data was mostly in-line with expectations, though the manufacturing ISM was light of forecasts. Wall Street rallied as Trump said progress was being made in U.S./China trade matters. EUR-USD climbed to 1.1424 highs, while USD-JPY was heavy, bottoming at 112.61. USD-CAD moved up from 1.3069 lows as oil prices were crushed. Cable meanwhile, rallied sharply to 1.3014.
[EUR, USD]