Solid incoming U.S. data helped the Dollar firm up in N.Y. on Thursday, taking the DXY to two-week highs of 97.83. Jobless claims, housing starts and the Philly Fed index all beat consensus forecasts. Wall Street rallied, and Treasury yields bounced off trend lows. EUR-USD fell to 1.1172 lows from near 1.1210, as USD-JPY rallied toward 110.00 on risk-on conditions. USD-CAD stayed firm, rallying to 1.3469 highs late in the session. Cable under performed yet again, dropping to fresh three-month lows of 1.2373 before recovering some.
[EUR, USD]