FX trade was fairly light in N.Y. on Tuesday, though retained a softer footing for the most part. A lack of data didn’t help conditions, and relatively narrow trading ranges were the rule. EUR-USD failed to reclaim the 1.1400 handle through the session, and found support into 1.1350. USD-JPY meanwhile, meandered inside of 119.55 and 119.90. USD-CAD was pushed to near 1.2950 on a brief oil price rally, as cable recovered from 1.5200, capping at 1.5250. Wall Street traded either side of flat through the session, as yields remained fairly steady.
[EUR, USD]