The Dollar index rebounded from 94.21 lows to top at 94.72 in N.Y. trade on Tuesday. The index was supported by a weaker Euro, which came following ECB Draghi’s relatively dovish press conference. EUR-USD slipped to 1.1650 from opening highs of 1.1730. Incoming U.S. data was tepid, though had only a brief negative impact on the Greenback. USD-JPY rallied to 111.22 from lows near 110.90 at the open. USD-CAD moved up from lows, though the Loonie remains firm on the improved trade outlook. Cable followed EUR-USD lower, bottoming at 1.3114.
[EUR, USD]