The dollar was firmer in N.Y. trade on Thursday, taking the DXY to 12-session highs of 93.80 in the process. EUR-USD printed 1.1778 lows into the close, marking four days of lower lows. USD-JPY broke above its 50-day moving average topping at 113.04, as risk-off conditions abated. USD-CAD fell to 1.2813 from 1.2868 as oil prices firmed up, though later climbed over 1.2855 on recurrent dollar strength into the close. Cable shot up to 1.3485 from 1.3320 lows, as reports circulated that the U.K. and Ireland were “a few hours” from a Brexit deal.
[EUR, USD]