The dollar faded lower in N.Y. on Thursday, dented by a softer Philly Fed index. The DXY has topped at 11-month highs of 95.53 ahead of the open, and the weaker data appeared to have prompted some long-dollar position squaring. EUR-USD opened at 1.1540, later rallying to 1.1633 highs. USD-JPY peaked at 110.60 before falling to 10993 lows as risk-off conditions set in. USD-CAD printed a one-year high of 1.3334. Cable meanwhile, kept its post-BoE gains, topping at 1.3270, after three MPC members dissented, voting for a rate hike.
[EUR, USD]