The DXY pulled back from its 17-month high of 97.69 posted on Monday, bottoming at 97.08 into the London close on Tuesday. Profit taking appeared to be behind much of the Dollar’s declines, as there was little in the way of data to move the market. EUR-USD topped at 1.1294 from opening levels near 1.1255. USD-JPY dipped to 113.77 before briefly reclaiming the 114.00 mark. USD-CAD rallied to nearly four month highs of 1.3259 as oil prices shed another 5%. Cable meanwhile, got a boost to 1.3047 as the U.K. and EU agreed to an Irish border Brexit settlement.
[EUR, USD]