The dollar moved off of its eight session hi in N.Y. trade on Thursday, leaving the DXY at 89.64 lows, down from 90.23 overnight highs. Incoming data was better than expected, as jobless claims fell, and leading indicators were better than forecast. There was little FX reaction however. Risk appetite picked up, with Wall Street posting solid gains, which lately has been a dollar negative, perhaps as safe-haven buying dries up. EUR-USD topped at 1.2352 from 1.2265 lows, while USD-JPY was rangebound over 106.65.
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