The dollar moved lower early in the N.Y. session on Friday, after the Fed’s Clarida said the Fed is close to its neutral range now, and that he sees some evidence of global economic slowing. A slightly softer U.S. industrial production outcome weighed on the greenback as well. EUR-USD rallied from 1.1335 to 114.12 highs, while USD-JPY bottomed at 112.68, down from 113.35 highs at the open. USD-CAD dropped to 1.3127 from 1.3186, while Cable topped at 1.2887, up from near 1.2800 at the open.
[EUR, USD]