The narrow trade-weighted USD index posted a fresh 12-day high at 95.99, and EUR-USD concurrently printed a new 12-day low, at 1.1380. The Dollar also saw highs versus a number of other currencies, although lost some ground today to the Yen, which has outperformed. USD-CAD rose for a second day, seeing a five-session high at 1.3199, extending the rebound from the three-month low seen last week at 1.3068. Softer oil prices over the last couple of days has taken the wind out of the Canadian currency’s sails.
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