The Dollar firmed in N.Y. on Friday, with short covering ahead of the weekend meeting between Trump and Xi the main driver. A stronger Chicago PMI came to the Greenback’s aid as well. The DXY topped at 97.31, up from 96.90 into the open. EUR-USD faded to 1.1307, while USD-JPY peaked at 113.71. Oil prices recovered from lows under $50, allowing USD-CAD to fall into the 1.3280 region. Cable remained heavy on Brexit fears, bottoming at 1.2736.
[EUR, USD]