The dollar settled off its Thursday highs in narrow range trading into the London interbank open. EUR-USD saw a less than 15-pip range around 1.1665-75, holding above the two-month low that was seen yesterday at 1.1626. Cable saw a similar price action. USD-JPY edged out a 10-day high at 105.56, superseding yesterday’s peak by a couple of pips, before ebbing back moderately. Yen crosses were steady. AUD-JPY plied a narrow range after dropping every day last week and every day this week through to yesterday.
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