The dollar retreated from Wednesday’s trend highs, leaving the DXY at afternoon lows of 92.51. The index topped yesterday at 92.83. Incoming U.S. data was generally USD supportive, though he return of trade concerns, and another risk off session resulted in some dollar profit taking. EUR-USD topped at 1.1990 in afternoon trade, while USD-JPY slipped to 108.93 lows before perking up as Wall Street pared losses. USD-CAD topped at 1.2909, though later slipped under 1.2850 as crude oil rallied. Cable posted another trend low of 1.3538 before heading higher.
[EUR, USD]