The Dollar retreated from near two-year highs in N.Y. on Thursday, getting a nudge to highs early following a stronger U.S. durable orders report. Gains were short lived however, as the market apparently decided to use the fresh high as a reason to book profits. The DXY fell from 98.32 to 98.03 lows by late morning. EUR-USD printed 1.1118 low, later rallying to 111.54. USD-JPY fell from 111.90 to two-week lows of 111.38, while USD-CAD dipped under 1.3490 from 1.3510 opening highs. Cable moved briefly over 1.2900 from pre-open lows of 1.2866.
[EUR, USD]