The Dollar index rallied to one-week highs in N.Y. on Wednesday, as another session of risk-off trade prompted safe-haven flows into the USD. Trade war fears, along with U.S. politics weighed on Wall Street, as China may cut rare-earth exports to the U.S., and as special council Mueller left the door open for a Trump impeachment. EUR-USD fell to 1.1125 lows, while USD-JPY remained heave, though off its lows of 109.20. USD-CAD spiked to 1.3546 following a benign BoC statement, while cable remained near trend lows, bottoming at 1.2611.
[EUR, USD]