A very weak ADP employment report saw the Dollar head lower in early N.Y. trade on Wednesday, though a pick up in risk taking levels, and a stronger services ISM saw the unit recover later in the session. EUR-USD peaked at 1.1306, later falling back under 1.1240. USD-JPY hit trend lows of 107.82, before rallying back to 108.25. USD-CAD topped 1.3410 as oil prices fell nearly 5%, while Cable eased under 1.2700 from 1.2744 highs.
[EUR, USD]