The Dollar rallied through the morning session in N.Y. on Friday, taking the DXY to two-week highs of 96.39. Gains came following news that China may ramp up purchases of U.S. goods over the next 6-years, with the goal of eliminating the current trade imbalance. EUR-USD dropped to 1.1352 lows from highs near 1.1410, while USD-JPY peaked at 109.89. USD-CAD fell early on warmer Canada CPI, while Cable gave back some recent gains on profit taking, falling to 1.2873 lows.
[EUR, USD]