The Dollar was rangebound in N.Y. on Thursday, though had lost ground overnight. The DXY traded a 90.56 to 90.79 trading band, later settling near mid-range. Incoming data was mixed, as jobless claims disappointed, and housing starts were lighter than expected. Firmer trade prices resulted in higher Treasury yields, which supported the Dollar at the margins, though higher inflation concerns have remained, which would offset any USD benefit. Fridays’ U.S. calendar is light, with just existing home ales on tap.
[EUR, USD]