Dollar bulls took the upper hand in N.Y. trade on Tuesday, taking the DXY to highs of the week at 97.09 from opening low of 96.89. U.S. industrial production was softer than forecasts, though had little impact on the risk backdrop, as strong earnings reports lifted stocks and Treasury yields. EUR-USD peaked at 1.1310 at the open, later testing the London low of 1.1280. USD-JPY remained bid, though struggled to make progress above 112.00. USD-CAD bottomed at 1.3347, before bouncing over 1.3365, while Cable dropped toward 1.3040 on renewed Brexit worries.
[EUR, USD]