The DXY eased back slightly in N.Y. on Wednesday, as markets overall steadied as trade war fears subsided to a degree. The dollar did find some support from comments from Fed chair Powell, who said the case for gradual rate increases us “strong”. EUR-USD topped at 1.1600 early, before touching 1.1566 lows. USD-JPY ranged between 109.95 and 110.33. USD-CAD touched one-year highs of 1.3311 on ongoing NAFTA fears, while cable traded on either side of 1.3200.
[EUR, USD]